GBPJPY buy +30pips (21 Nov 2013, 2.30pm GMT+8)

By | November 21, 2013

Spotted the GBPJPY making a 2 leg pull back and testing the 20 EMA and 55 EMA and the mid pivots twice.

20 EMA and 55 EMA were also in close proximity (sign of a imminent breakout) when they were tested twice in a higher low fashion.

Went long, with target at mid pivots, between R1 and R2. TP hit +30pips




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