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weslad
Feb 10, 2019 10:31 PM

GBPJPY Buy opportunity Long

British Pound/Japanese YenFXCM

Description

Hi guys price moving in potential downtrend channel and we hit the bottom of the channel, its expected for price to rally back up to re-test the channel top.

Kindly follow the suggested Long level on the chart and always remember to apply stop loss.

Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS

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Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active

Spotted another great Bullish pattern within the price structure, Bullish Pole and Flag.

Comment

Trade active

We have strong resistance ahead of us at 142.35 level area that is where we have our leg wave 4. if price go pass this level we will see fast movement of price to our target level.

Trade closed: target reached

First target achieved, guys lock down profit at breakeven and let it run.

Trade active

Hello guys still very much on course, the flag formation continues.

Trade active

Trade continuation, we breakout from flag let see how this develop

Trade active

Trade closed: target reached

All cleared. Congrats guys

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