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GrandeHustleTrader
Oct 31, 2018 5:23 AM

BUY Long

British Pound/Japanese YenFXCM

Description

MARKET MAKER METHOD - Made corrections to current cycle, looks to be day 3 Uptrend so I expect to see a "V" formation at London open. I'll be looking for a test of the 50 EMA (trap move/stop hunt low) and preferably back to 143.62 Initial Low of the Day. Would not be surprised to see it pin the 50 EMA@143.80 with "V" formation taking place there for our BUY entry. Buy range will be 143.80 - 143.62 w/Stop Loss@143.42.
GOOD LUCK TRADERS!!!

Trade closed: target reached

WINNER!!!! BOTH TAKE PROFITS HIT EASY!!
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