GBPJPY - 22:1 Win vs Risk Trade - 1500 pips
Updated
Hello all
I am looking for GBPJPY to retrace to support having broken through resistance on Friday
The weekly chart has printed a great dogi bullish bar between the 61.8 and 78.6% retrace of the current move.
On the weekly and the monthly charts are great pin bars printed December and January respectively.
I am bullish GBP (And EUR and AUD) and do expect this to go higher
Not as smoothly as lets say GBPUSD, however I expect it to go higher and ultimately make 22 to 1 on these trades.
I will be looking to enter at each relevant level as it heads higher
Compounded this could be a trade that brings in 1500 pips for these entries and then proportionate multiples as it heads higher.
Thanks for looking
DuncanForex opening imminently
Please go to the site to register your interest.
Thanks
Duncan
I am looking for GBPJPY to retrace to support having broken through resistance on Friday
The weekly chart has printed a great dogi bullish bar between the 61.8 and 78.6% retrace of the current move.
On the weekly and the monthly charts are great pin bars printed December and January respectively.
I am bullish GBP (And EUR and AUD) and do expect this to go higher
Not as smoothly as lets say GBPUSD, however I expect it to go higher and ultimately make 22 to 1 on these trades.
I will be looking to enter at each relevant level as it heads higher
Compounded this could be a trade that brings in 1500 pips for these entries and then proportionate multiples as it heads higher.
Thanks for looking
DuncanForex opening imminently
Please go to the site to register your interest.
Thanks
Duncan
Trade active
Trade has triggeredTrade active
Just taken a 3rd and 4th entry at 136.34 on the retrace. with a tight stop.Trade active
Trades live - all stops moved up to 136.25 area to reduce riskTrade active
Hello all - more positions taken now - retracement to 61.8% area of previous leg higher - entered at 136.42 - if JPY weakens - i expect fibonacci extension move up to 138.xxLets see how these go
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