TDMarkets

Buy GBP/JPY

Buy GBP/JPY

On September 4, 2017, Posted by , In Uncategorized, By , With No Comments

Buy GBP/JPY at price 141.900 with a stop loss placed at 141.382 and a TP placed at 142.916. The market reacted to a support earlier on. Now for those who did not catch that move the market has recently formed a retracement. looks like a potential morning star pattern currently forming on H4. it is in your best interest to wait for the candle to close as a bullish candle before taking a trade. Alternatively, you may place a buy stop just a few pips above from our entry price to filter out whipsaws.

 

Posted 11: 57

 

04/Sep/2017

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