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Foralex
Oct 1, 2017 12:58 AM

GBP/JPY : Buy Entry (500Pips) Long

British Pound/Japanese YenFXCM

Description

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

Comment

First target hit for those in the trade

Comment

On his way to second target ! (Up 400 pips) ;)

Trade closed: target reached

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