British Pound / Japanese Yen
Long
Updated

GBPJPY - FOREX - 20. JAN. 2020

4 645
Welcome to our weekly trade setup ( GBPJPY )!

-

1 HOUR
Small push above previous consolidation highs.

4 HOUR
Pump and dump, takeout of short holders and down now?

DAILY
Overall market turned bearish , expecting some more bearish pressure.

-

FOREX SETUP
BUY GBPJPY
ENTRY LEVEL @ 142.860
SL @ 142.140
TP @ 144.290
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN
Trade active
Note
good reaction, up now?
snapshot
Trade closed: target reached
Closed with +140 Pips!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.