forextamil
Long

Will GBP JPY break 139.525 to continue lower?

FX:GBPJPY   British Pound / Japanese Yen
Hi all,

The potential momentum of the signals formed in a stable pattern.
we can evidently, witness the impulse and its correction in rapid manner(shown in graph).

From 156.684 ,we can see the impulse and its correction one after another and finally it sticks at 145.222(shown in graph).

Market is like a coin it only has two probabilities, but today both favors for YEN.

Two probabilities are,

Candles may grow as a impulse (or) correction and its impulse.

For instance, consider the candles are in impulse, it will continue to grow down. (or) consider that as a correction,it give small a rise and again pullback towards down.(shown in graph)

SIGNAL SPECIFICATIONS

PAIR: GBPJPY .

ORDER: SELL.

STOP LOSS: 150.105.

If it impulse means,

TAKE PROFIT 1: 143.216.

TAKE PROFIT 2: 139.525.

If correction means,

TAKE PROFIT 1: 145.222.

TAKE PROFIT 2: 143.216.

TAKE PROFIT 3: 139.525.
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Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not TP1, TP2, TP3..
3. We are not Trailing stop! or average the trades.
4. 2% Risk Management Per trade.
5. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.


Note: Everything works with Best money management.


Note: Please leave comments for any query.


Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.


Best
Forextamil
Trade closed: target reached: Target TP1 achieved (201 pips).

Expecting more down....

follow our updates for more profitable trades.

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