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.