GBPJPY analysis - bears, better watch out...

chart h1 - 3 pm Malaysia

An inside bar set up on the hourly chart. Went long at 135.30 with stop-loss placed at 134.57 (73 pips risk).

Should the price breaks the upper trendline, I anticipate that the beast might begin a upward move to next resistance which coincides with 140.xx zone.

Will move the stop-loss to +1 once the profit hit +50.
4.25 pm - +44; SL rest at +1
7.05 pm - closed at 138.37 [-o<
done for the day...
by the way, if you read here carefully, the price might hit 155.xx
sooner or later...
don't tell anyone ok? :-$ ;)


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