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
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