fx_jax

GBPJPY longs 17Aug2022

Long
OANDA:GBPJPY   British Pound / Japanese Yen
1. GBPJPY has broken its previous daily high, indicating large bullish pressure!
2. Entered longs once the pre London price closed above my marked resistance at 162.600.
3. Entered longs during London Open when the 1hr candle formed lower wick to grab liquidity.
4. SL was placed below the previous low of 1hr candle.
5. Target the next 1hr resistance (163.471).
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.