GBP/JPY Bullish Butterfly
A possible trend continuation for the 'Dragon'. Wait for price
to close above 152.464 to enter long. At the moment a
possible double bottom could also still form, key is for the
152.067 level to hold.
Trade (RvR ratio 2:1)
Entry: Close above 152.464
S/L: 151.814
T/P 1: 152.789 (Point B)
T/P 2: 153.035
T/P 3: 153.764
Remember to adjust your stop/loss once in profit.
Happy trading
A possible trend continuation for the 'Dragon'. Wait for price
to close above 152.464 to enter long. At the moment a
possible double bottom could also still form, key is for the
152.067 level to hold.
Trade (RvR ratio 2:1)
Entry: Close above 152.464
S/L: 151.814
T/P 1: 152.789 (Point B)
T/P 2: 153.035
T/P 3: 153.764
Remember to adjust your stop/loss once in profit.
Happy trading
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.
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.