Trade Ideas Position: GBPJPY Butterfly Long

British Pound/Japanese YenFXCM

Description

⋅ Apr 21, 2020 6:11 AM

A bullish butterfly converge with bullish bat set up at the same entry price, trade has engaged in the account of the candlestick pattern and a great reward:risk

Trade closed: stop reached

⋅ Apr 21, 2020 9:15 AM

Hit SL -59pips

Comments

FXCM

⋅ Apr 22, 2020 7:30 AM

Sorry to hear that your stop has been taken out.

What's your renewed view on this pair now?
We are currently bearish!

RaynLim

⋅ Apr 22, 2020 8:53 AM

@FXCM, Is ok, I just follow my trade plan, huge profit on previous shorting though (tradingview.com/chart/GBPJPY/fBSykAKi-Trade-Ideas-Analysis-GBPJPY-Wedge/). Yup is a bearish trend. I've not got my level to short yet but the counter-trend level looking to buy at 130.54-129.82

transparent-fx

⋅ Apr 21, 2020 2:37 PM

here is what I will be looking at on gbpjpy

UnknownUnicorn4857499

⋅ Apr 21, 2020 6:15 AM

what's that indicator with the green and red arrows?

RaynLim

⋅ Apr 21, 2020 6:39 AM

@dmason00, That's our software that helps to identify potential buying opportunity and selling opportunity.

MakenzyFx

⋅ Apr 21, 2020 6:58 AM

@RaynLim, Great software. what the name??

RaynLim

⋅ Apr 21, 2020 3:18 PM

@MakenzyFx, It will be made available to my community, check out link(3) on my signature