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jtanum
Mar 19, 2018 1:04 PM

GBPJPY BUY the pullback Long

British Pound/Japanese YenFXCM

Description

Hey Guys,

Todays news cancelled out on all the previous trade analysis and hence from this chart we can see that GBPJPY has entered into upward trend line.

I would wait for the minor pullback before entering and then aim for the 0.618 level.

T/P1 at 150.83
T/P2 at 152.21
S/L at 147.75
R:R 1.5

Please don't trade more than 2% of your capital

Cheers!
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