#GBPJPY: 1500+ Pips Upcoming Bullish Trend| GBPJPY| Setupsfx_|
Updated
Hope all of you having a great weekend,
Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly after creating a record high created AB=CD PATTERN.
Now we expect price to continue the bullish run upwards 205 area and beyond. The perfect entry will be on Monday London session. Use marked blue lines as entry and stop loss points.
Good luck and trade safe.
Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly after creating a record high created AB=CD PATTERN.
Now we expect price to continue the bullish run upwards 205 area and beyond. The perfect entry will be on Monday London session. Use marked blue lines as entry and stop loss points.
Good luck and trade safe.
Trade active
We have achieved 400+ pips from this trade so far, and we want to ensure that please close 50% of your positions so that we run a safe trade. - Price have been moving nicely after rebounding from our area of entry.
- Expecting price to continue rising towards 197.00 at least minimum target.
- JPY might do some correction but it may not be significant to change the trend.
Comment
525+ pips you can close completely or let it running until it reach out target. Trade closed: target reached
Close Completely with 814+ pips, we may see bears kicking in the market.Trade closed: target reached
1465+ pipstarget reached successfully
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