GBPJPY getting out of the congestion period?
GBPJPY recently has shown good action by buyers. I'm waiting to see if this action continues and is strong enough to take GBPJPY out of a sideways trend that seems to be very solid in the last period. I place my buy stop entry order out of the congestion phase to confirm the breakout and the strength by buyers.
Risk to reward is great for this trade :)
Risk to reward is great for this trade :)
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