GBP/JPY, DAY CHART, LONG (2-JAN-2017)

Note:
Overall, We are bullish on GBP/JPY.
The price correction to 20-EMA followed by a bullish signal.

There are 2 trading plans:
1. Swing Setup, price pullback to 20-EMA followed by
a bullish signal. Can long now with little risk amount.
Or to zoom into H4 or H1 chart, wait for pullback
and bullish signal to long.

2. Wait the price correction to strong support zone at
141.4 level and long again.

Transaction en cours:

Long now.

EP: 144.928
SL: 141.415
TP: 150.243

Trade with right risk :)

Transaction en cours:

From the H4 Chart, we see 3 bullish pin bars appeared which mean there is a strong buying demand near 143 level.

We remain bullish on this trade.

Trade fermée: ordre d’arrêt atteint:

Hit our SL.
We will watch if the support zone able to hold the bearish trend.