GBPJPY CONSOLIDATION AREA BROKE, GO LONG!
Hi Traders,
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
I see a strong uptrend on H1, H2, H4. The price broke 50EMA upwards at128.716, that confirmed the uptrend. After consolidation, price broke upwards from the last consolidation area at 134.000. Closed above it. Now i go long.
I put my stoploss at 132.830.
I won't use take profit in this trade, just let it run till the end of the uptrend. I will post future ideas when will I close this trade.
Let's be successful together.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
I see a strong uptrend on H1, H2, H4. The price broke 50EMA upwards at128.716, that confirmed the uptrend. After consolidation, price broke upwards from the last consolidation area at 134.000. Closed above it. Now i go long.
I put my stoploss at 132.830.
I won't use take profit in this trade, just let it run till the end of the uptrend. I will post future ideas when will I close this trade.
Let's be successful together.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
Trade closed: stop reached:
I closed it manually, bears are too strong now. I will be back with a new analysis.