FX_IDC:GBPJPY   Livre sterling / Yen japonais
3
Simple swing trade idea.

GBPJPY(GAP down)

1) Why long? Most of the time, when price gap down it will fill back the gap.
2) Price touched 50% fibo in my Oanda chart.

Beware of 2 EMA now price are ranging in there. Will it break up higher?
if price formed a bearish candle in H4 chart in range on 2EMA. Will close the trade.

Trade with own risk.
Happy Trading
Transaction en cours:
Price break up 2 EMA and break the bullish flag.
it will go higher , beware on the blue down trend line.
Trade fermée manuellement:
Why i close?

1) Friday dont want to hold over week.
2) price near down trend line. not sure will it hold or not?
3) if it broken up this week i will hold until TP . But it slow down.
4) i will enter long again if it break downtrend line .

Happy trading.
Insane_Trader
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