rhf_fx

GJ Analysis 27/09/2020 - Update

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FX:GBPJPY   英鎊 / 日圓
On the first break of resistance, support wasn't formed and price moved back into the range, as bullish momentum started to appear, we took a buy when the 1h candle broke the high of the previous resistance, to continue bullish, this was an impulse entry as there was very strong momentum bullish. The SL was below the current 1h candle and the Target was the resistance level at 135.2. I secured 15 pips and left a runner to fill the range and hit the 40 pip target. The runner is still running,
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