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clangeles
Jul 11, 2022 1:13 AM

GBPJPY may push upward 50EMA break Trenline Bounced 1D 

FX:GBPJPY1D
British Pound/Japanese YenFXCM

Description

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50EMA break 2 days ago
Bounce from major trendline upward
50EMA > 100EMA > 200EMA

Entry: 20EMA - Green EMA
Stop Loss: Slighty below 50EMA (Red EMA)
Trailing Stop Loss: Previous Day Low
Initial Target Price - Higher High

Risk: 1-2 %
Trend AnalysisTechnical IndicatorsGBPJPY50emabreaktrendfollowing
Comments
clangeles
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End of trade.
Stop Loss was Hit

clangeles
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Correction:

Entry: Candle High - Candle that break 50EMA (2 days ago)
MACD - going to zero
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