OANDA:GBPJPY   British Pound / Japanese Yen
Hello Traders,

Channel on the GBPJPY is still valid after a fakey in price action in the last couple of candlestick. Price has currently formed a Bullish Engulfing candle on the support of the channel confirming channel validity. Entered a long position for 1:2 Risk Reward.

Regards.

Note: This is not a financial advice, it is for informational purpose.
@julzey

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.