GBPJPY LONG 400 PIPS CHANCE 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇯🇵

29 нояб. 2020 г.

Hello guys,
First of all I'd like to wish you a good day. ☀️🧘🏾‍♂️

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So, I've done a survey, and this is the pair my students want us to trade today.🤙🏾

In this 4H chart, we can clearly see a nice uptrend.📈

I've marked my trend line (B), marked the previous high (A), previous resistance (F), a break-through to the upside of the resistance (C), and two re-tests (D) and (D') on the trend line (B), after breaking the previous resistance (F).

So, the pair broke above the resistance(C), after a bearish trap (E).
I decidid to take this position, after the 2 re-tests on the trend line (B),
I deeply believe the pair will reach new highs during the next couple trading weeks.

I've set my SL on the higher values of my bearish trap, and my TP slighty above our previous highs.

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