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Trade of the Week - April 28th 2023 - GBPJPY Buys




Entry - 169.856

SL - 169.70

TP - 171.27


Bullish bias

Daily + H4 bullish

Clean candles to left





GBPJPY

JPY monetary policy news during Asian session made the Yen very weak. Strong push on GJ before Asian close into Pre-London

Bullish movement continued through out the day

Waited for market structure form after the push - Resistance - Support and looked for a trade after the break out above resistance

Nice bullish continuation pattern above resistance


Entry at the break of the high

Stop loss below

TP - Weekly resistance 140pip move


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