DislikedHere's my trade call position long @ 204.60 tp 206.10 (mar 13 high) sl 202.60 (10 pips below apr 03 low @ 202.70) let's see how it goes.........
Just an info and not a reco!Ignored
GBP/JPY fell from 213.46 (27 Feb high) to complete a multi-week bear triangle. A 203.45-207.96 range then preceded a sharp drop to 192.52 (17 Mar low). Higher lows have followed, and Wed's break above 201.76-80 has completed a base to breach 5-month bear trendline before snapping back. Further recovery at 205.50 (61.8%-213.46/192.52 fall) will do this week only a breach of 200.85 will change my view.
Strategy look to buy......
Just an info and not a reco!