British Pound / Japanese Yen
Long
Updated

GBP/JPY : Buy Entry (500Pips)

703
Whats up traders !

Here is a clean & simple setup on GBPJPY

Accumulation of :

- Fib 61.8% retracement
- Support zone
- Cross of 2 daily trendlines
- RSI / Stochastic to be oversold

There is two targets on the chart

I suggest to put the stop in profit after 100 pips .

Good ''luck''
Order cancelled
Momentum is to bearish , didn't expect the pair to go this fast to the entry .
Maybe if its come back to my entry later
Note
First target hit for those in the trade
Note
On his way to second target ! (Up 400 pips) ;)
Trade closed: target reached

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.