GBPJPY

We are in a triangle inside the Kumo, apparently we are breaking it at the presnt time.

If we close above the resistance then it s very bullish.

We are above the EMA 50.

RSI and MACD are turning on the bullsih trend.

We are currently in position since last night on the EMA 50 at 134.88 our SL is at our price now, but at 141.50 we are going to add some for a 157 test 38.2% retarcement Fibonacci between 215.87 23/07/08 and 118.78 the 23/01/09.

If we are back to 131.72 we have to reverse the position with 130 as first objective and a return to the low.