The Sterling crushed the Yen last week with it's inflation news and a hint about an upcoming rate hike, If this consolidation sees a bullish breakout I think we can break 152.000. And if 152.000 breaks I think we will see 154.000 in near future
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4H candle closed above rectangle, I am now in the trade
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we are well on our way now, 146pips as we speak from the 4H breakout
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Moved my stop to break even and got stopped out. Maybe I was too confident on the TP... Now we can either see a new push up from trendline or a retrace.
je pence qui il y auras un petit retracement en short jusqua la ZONE des 148 , voir 147 . nous voyon que les banque vendeuse on repousser le prix violament au 152 . la case que tu a mise et pas bete cest que les breakaout trader fond , ceci dit il et mal tracer et mal placer ce qui pourrais te porter malheur . sur ce bon trade toi .
mrsaetervik
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@DavyGreen, well that's your opinion, I'll stick to my analysis until price tells me otherwise.