GBPJPY for 25 May 2020

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Please refer to the chart for the illustration and explanation and do click the like button.
Thanks.

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ملاحظة

Stop loss for buying- below 130.864
Stop loss for selling -above 130.993

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ملاحظة

Although my bias is wrong, my analysis is right. I have already enter a buying position at 130.997 as it breaks above 130.993.

At the moment, It has went up to 131.219.

Good job to anyone who follow my analysis and let's see if it can hit my take profit at around 132.

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ملاحظة

I have also readjust my stop lost to break even at 131. At this point, you can decide to take some profit from here or continue to let it run to hit your stop lost.

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ملاحظة

Up to this point, I am still holding on to my trade as it did not hit my stop lost at 131. As far as I can see, it is moving towards my take profit target (132) at a slow pace due to GBP Bank Holiday.

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ملاحظة

Congratulation to anyone who took this trade $$$$. This trade has gone very well as expected. Stay tuned again for my next analysis. =D