Keep it Simple
2019-12-04 11:49:55
GBP/JPY has been climbing well since it doubled bottomed in Aug 2019 at the 127.50ish level. The buying is a the institutional level - WE KNOW STOCKS ARE GOING HIGHER negative interest around the world will be a catalyst for this. For now im long the break out simple #RECTANGLE pattern targeting 142.30 stop loss below #200SMA.
Comment if you find this simplicity useful.