Gbpjpybuy
GBPJPY - FOREX - 20. JAN. 2020Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
Small push above previous consolidation highs.
4 HOUR
Pump and dump, takeout of short holders and down now?
DAILY
Overall market turned bearish , expecting some more bearish pressure.
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FOREX SETUP
BUY GBPJPY
ENTRY LEVEL @ 142.860
SL @ 142.140
TP @ 144.290
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 144.432 where it is could reverse down to its support at 141.280.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 142.875 where it is could reverse down to its support at 139.374.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 142.851 where it could potentially rise further to 147.753.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 143.499 where it could potentially rise further to 147.885.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.