Lanmar

Big breakout coming in GBPJPY

Long
Lanmar Mis à jour   
FX:GBPJPY   Livre sterling / Yen japonais
Long either on the breakout or handle formation. Odds of a breakout are high.
Commentaire:
Other interpretation:


Either way, this is as legitimate as breakouts come.
Transaction en cours:
Filled at 146.67
Trade fermée: cible de profit atteinte:
I am taking money off the table here for now. I have FULL intention of getting back in.

Position is up 430 pips overnight. We have a MAJOR WEEKLY breakout once today is over. My logic for profit taking here:

Short term resistance
618 from recent peak to trough
short term trend line break after the above two

I will update re-rentry
Commentaire:
Transaction en cours:
Long again from 147.65. Took 1 whole month to re-renter long!
Commentaire:
Up 140 pips in 2 hours. No intention of selling the position anytime soon.

Commentaire:
I suspect a launch higher will follow through. I am long.
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