GBPJPY – SPOT
GBPJPY: Inside Bar Breakout 4-2-2022
Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter).
The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you on this market).
Potential Trade Idea: We are still considering buying if price pulls back to the current Inside Bar Breakout area.
GBPJPY: Inside Bar Breakout 4-2-2022
Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter).
The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you on this market).
Potential Trade Idea: We are still considering buying if price pulls back to the current Inside Bar Breakout area.