GBPJPY Long
Trend is your Friend!
1. One Touch, Two Touch and Third Touch usually
completes a Trend.
2. EMA acting as Dynamic Resistance, Buys will
have high validity once markets cross over EMA
and we have it acting as Dynamic Support.
3. Markets have Bounce off our Golden Fib Zone
an Psychological level @ 133.000 where big
institutions place orders and take profit.
4. Waiting for 3 Eight hour candles to show signs
of rejection to place Buy order
5. I will be buying at current Price Level
@134.500
Safe SL @ 133.000
80% Partial TP @ 137.00
10% Partial TP @ 138.000
Remaining Trade TP @ 140.000
Only 5% risk will be taken for this trade
1. One Touch, Two Touch and Third Touch usually
completes a Trend.
2. EMA acting as Dynamic Resistance, Buys will
have high validity once markets cross over EMA
and we have it acting as Dynamic Support.
3. Markets have Bounce off our Golden Fib Zone
an Psychological level @ 133.000 where big
institutions place orders and take profit.
4. Waiting for 3 Eight hour candles to show signs
of rejection to place Buy order
5. I will be buying at current Price Level
@134.500
Safe SL @ 133.000
80% Partial TP @ 137.00
10% Partial TP @ 138.000
Remaining Trade TP @ 140.000
Only 5% risk will be taken for this trade
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