+++ Don't forget to LIKE & Follow+++There is a potential Bullish Cypher Formation on 1H, GBPJPY.
Please be advised that stops are almost 200 pips - if it is too much for you look for an alternative reason for entering. Targets are as usual conventional, since it is a counter trend opportunity.
Entry @ 134.50
Stop @ 132.62
Initial Target 1 @ 136.22
Initial Target 2 @ 137.28
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
Please be advised that stops are almost 200 pips - if it is too much for you look for an alternative reason for entering. Targets are as usual conventional, since it is a counter trend opportunity.
Entry @ 134.50
Stop @ 132.62
Initial Target 1 @ 136.22
Initial Target 2 @ 137.28
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.