LeeThompson97

GBP/JPY Long Opportunity - Breakout

Long
FX:GBPJPY   British Pound / Japanese Yen
We are currently at the top of a key trend line /resistance within a triangle, we have already passed the key fib levels that would lead to a retracement and possibly a sell opportunity. There is also major hidden divergence that could suggest a strong continuation out of the trendline. However, this needs to be supported by a strong candle close outside of the trendline where I will go long on the breakout. Where the 4-hour candle closes will determine the direction of this trade.
Order cancelled: This trade was no taken as the 4 hour candle did not close outside of the trendline

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