AlphaForexx

GBP/JPY Buy

Long
AlphaForexx Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hello traders, beautiful opportunity for the GJ pair lined up for next week. We are near a key level where previously buyers stepped in. We are also seeing a retest of our trend line. I expect a nice bullish move for this pair in upcoming week. If the trendline is however clearly broken and we have a clear trend line break we can hop in and sell short to a potential 1.272 fib extension marked on the chart. As always, I encourage you do your own analysis before taking any trades as we all trade differently.

Let's all have a nice week and bag some juicy pips! Kind regards.
-Alex
Comment:
4H candle very bullish took in some profits made 75 pips. Stop loss also moved to breakeven now a positive trade no matter what! Follow me for more!
Comment:
TP 2 hit with 150 pips now going closer to my tp3 of 200 pips near the resistance indicated. Hope some of you caught this move as well a good way to start the trading week! Lets smash this week!
Comment:
Final take profit hit trade closed with 200 pips profit. Amzing start to the week hope some of you guys caught it too!
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