Daniel Ang

Buying Opportunity in GBP/JPY - Bought @ 162.009 Fri, Feb 24, 2023, 11:50am. Target Amended to 166.50 Tue, Feb 28, 12:13pm. Closed Out @ 1.64.678 Wed, Mar 1, 00:52am +$1,981.25.

Chart GBPJPY, H4, 2023.02.24 03:58 UTC, Tradeview, Ltd., MetaTrader 4, Real

GBP/JPY extended higher to 163.75 on Tuesday and after a 2-day pullback to the overnight low of 161.21, it is poised to resume its rally. This is because a reversal candle bar has appeared in the 4-hour time frame immediately after the low was established last night in NY trading.

TRADE IDEA

Bought @ 162.009 Fri, Feb 24, 2023, 11:50am. Closed Out @ 1.64.678 Wed, Mar 1, 00:52am +$1,981.25.

Stop @ 161.000.

Target @ 167.00. Amended to 166.50 Tue, Feb 28, 12:13pm.