GBPJPY - Long - 4hr trade - Buy Stop
Updated
Hello all - DuncanForex here with a new trade idea
previous 4 hour candle high was broken and then price has dropped back below
I now have buy stops at 134.77 and if the high is broken again - I am looking to go long on GBP
It is at the 61.8% retrace of the last move upwards
This is based on short term sentiment of BoJo and also GBP positioning against Risk off sentiment.
thanks for looking at my idea
My website goes live tonight
Duncan
previous 4 hour candle high was broken and then price has dropped back below
I now have buy stops at 134.77 and if the high is broken again - I am looking to go long on GBP
It is at the 61.8% retrace of the last move upwards
This is based on short term sentiment of BoJo and also GBP positioning against Risk off sentiment.
thanks for looking at my idea
My website goes live tonight
Duncan
Trade active
Trade is activated at 134.70 after this mornings price action - will be watching for a move higher tomorrow - first target of 135.20 hitTrade active
trades live and going well
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