Trader856

SELL - POTENTIAL BREAKOUT OF ASCENDING CHANNEL ON GBPJPY

Short
FX:GBPJPY   Livre sterling / Yen japonais
As we can see, GBPJPY has been bullish for the past week. However, it is apparent price has been following the ascending channel presented, here. Assuming price continues to respect this channel then it would appear to be a very good R:R trade even if the channel was not broken as the chart shows.

*NOT FINANCIAL ADVICE, MERELY AN OPINION*
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.