MarcellusLUX

GBP/JPY buy order executed at 180.85, more uptrend ahead?

Long
MarcellusLUX Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hello traders, as per my previous trading plan published on
27 October, we placed our buy order in GBP/JPY@180.85.

GBP/JPY went very close to the 100-day EMA level which triggered our
buy entry. Keep in mind, if the level holds, you can expect further
uptrend. 183.71 would be the first hurdle which if cleared would
take GBP/JPY towards 185 and even 187.



Comment:
Once again price is going towards the buy zone, we will buy it if it touches or reaches very close to the ema
Trade closed manually:
Closed@182.21 with 140 Pips profit, will buy again if there is a dip
Trade closed: target reached:
First target at 185 reached
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