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Art_On_Charts
Aug 5, 2021 9:03 AM

GBPJPY LONG 6.2 R:R - Entry 152.300  

British Pound/Japanese YenFXCM

Description

I have entered a buy position on GBPJPY 152.300.
My stop loss is 152.198.
Target 153.200

1.Monthly and weekly timeframe bullish bias.
2. Heavy rejection on 4h timeframe, 151.600 Zone.
3. Huge bullish engulfing candle, indicating large bullish presence in this zone.
4. Large wicks to the upside, indicating price is reaching.

Comment

STOP LOSS @ BREAKEVEN

Comment

RISK FREE TRADE

Comment

Stopped out & re-entered, clear stop hunt.
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