GBP/JPY: Buying the breakout!
Updated
The pair is currently moving inside a flag after breaking a triangle to the upside. The price should move higher but I will wait for a confirmation to go long.
As you can see, as soon as the price will break the 134.620 area with a candle close on H1, I will enter long and target the top of the structure which is also a previous resistance area.
*** Trade at your own risk ***
As you can see, as soon as the price will break the 134.620 area with a candle close on H1, I will enter long and target the top of the structure which is also a previous resistance area.
*** Trade at your own risk ***
Note
Waiting for the breakout Note
Trade closed: target reached
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