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DACapitalTrading
Oct 19, 2020 1:17 AM

GBPJPY - SWING - 19. OCTO. 2020 Long

British Pound/Japanese YenFXCM

Description

Welcome to our weekly trade setup ( GBPJPY )!

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1 HOUR
Strong market open and price action.

4 HOUR
Expecting prices to keep rising..

DAILY
Market turning, good long entries!

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FOREX SWING
BUY GBPJPY
ENTRY LEVEL @ 136.330
SL @ 135.530
TP @ 137.570
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN

Trade active

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Trade closed: target reached

Closed with +120 Pips (+0.70%)
Comments
Pika7993
Do you think a minor pullback will occur around 12 am time or significant enough to enter a short to maximize profit? Based on chart analysis as well as my eastern US time on the 1 hr chart 11-12 am is a common pullback/ trend swing time for this pair. Either way great analysis!
DACapitalTrading
@Pika7993, Thanks for sharing your view!
DACapitalTrading
@Pika7993, Market bullish for us
Pika7993
@DACapitalTrading Thank you I will run with the bulls as well.
DACapitalTrading
@Pika7993, Good luck buddy
DACapitalTrading
owolo0
@Pika7993 it did happen
DACapitalTrading
@owolo0, Still running
Saeed966
Good job
DACapitalTrading
@Saeed966, Thank you!
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