GBPJPY Strong bullish break out inside the Channel Up.

قبل ٥ أيام

GBPJPY is having its strongest (1d) candle today in almost 18 months.
The main pattern is a Channel Up and this rise is extending its new bullish wave.
The previous one retested the MA50 (1d) after crossing over it and the resumed the uptrend to peak on a +8.70% rise.

Trading Plan:
1. Buy on the next MA50 (1d) test.

Targets:
1. 204.500 (+8.70% rise).

Tips:
1. The MACD (1d) formed a Bullish Cross 9 days ago, the 3rd inside this 5month Channel Up, which confirms that we are on a bullish wave.

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