Long GBPJPY on rising weekly momentum
Long GBPJPY with positive momentum on weekly and with pulse fired. Resistance at EMA21, daily, which was targeted yesterday and the day before.
Uptrend is strong with ADX > 20 on daily.
I'm taking quarterly profits @ 1:1, 2:1, 5:1 and 10:1 with increasing stop loss if targets are reached.
Stop Loss @ 145,161 (10 pips below most recent low). Increase S/L to Break Even if 2:1 is reached.
Uptrend is strong with ADX > 20 on daily.
I'm taking quarterly profits @ 1:1, 2:1, 5:1 and 10:1 with increasing stop loss if targets are reached.
Stop Loss @ 145,161 (10 pips below most recent low). Increase S/L to Break Even if 2:1 is reached.
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