jpeacockfx

GBPJPY - Possible Scenario

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Analysis:
  • Strong upwards trend
  • Retest of key level
  • Upwards trendline touch

Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all.
Stay Safe - JPI

Disclaimer 1:
This is a setup that we see which does fit our own personal trading strategy, HOWEVER we are not taking this trade due to already being in a position containing one of the currencies involved. This is down to our trading plan and our own risk parameters. We still think that this is a valid trade but we aren't entering into it. We believe in full transparency which is why we are sharing this with you.

Disclaimer 2:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
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