Long GBPJPY due to break in downward channel

The time has come! It's SUNDAY FUNDAY and who's ready to start this week off strong!?! Just seeing GJ break out of it's channel and figured I would drop you guys a free signal and my personal take on the analysis! It appears to have been ranging for a little while and should make a push up to the next resistance, aka our take profit!

Entry 141.800-142.000
SL: 141.410
TP: 143.020


Enjoy guys, thank you so much and good luck! Remember proper risk management, most of my trades are much greater than 2:1 RR so your chances of making positive money are always in your favor!

Yorum:

Huge 50 pip rip upwards that soon after hit my trailing stop. We'll take another look tonight.