Marwan_Moallem

Critical Stage within the bullish parallel channel

Long
OANDA:GBPJPY   Livre sterling / Yen japonais
Currently, GJ is at a very critical phase especially that both ends of the channel have been tested several time.
I am more bullish than bearish but we keep both scenarios in mind.
Before pressing the button, wait for the channel to be broken, retested and then a BoS is formed.

This is just an educational illustration, trade at your own risk and manage it well !

Regards,

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