GBPJPY: Placing a buy stop for a break out Long

British Pound/Japanese YenFXCM

Description

⋅ 17 janv. 2019 12:41

Seeing a nice long setup on 1H, MA's have crossed and I am anticipating a break out.

LEVEL:
FX:GBPJPY
Buy Stop @ 140.475
TP @ 141.075
SL @ 140.175

RISK: 2%

Trade fermée: cible de profit atteinte

⋅ 18 janv. 2019 07:18

Trend Analysis

Commentaires

FXCM

⋅ 18 janv. 2019 09:47

Thanks for sharing this idea, I agree on your bullish view on GBPJPY and identified a pullback support which coincides with the 23.6% Fibonacci retracement:

UnknownUnicorn3377152

⋅ 18 janv. 2019 09:56

@FXCM-EDU, You are welcome, but TP was hit last night and trade closed. I am actually short now. :)

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