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GBPJPY 4H TRADES

British Pound / Japanese Yen (FX:GBPJPY)  
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FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators 50sma 100sma breakouttrading tradingstrategyguides GBPJPY 4h forextrading
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trendanalysis chartpattern indicator 50sma 100sma breakouttrading tradingstrategyguides gbpjpy 4h forextrading
Price is between 50 sma and 100 sma
Price below 50 sma so bearish bias

If price breaks above 50 sma again
Long Trade
Buy Stop @ 143.20
1st Buy Take Profit @ 143.60
2nd Buy Take Profit @ 144.60

If price stays below 50 sma
Short trade
Sell Limit @ 142.90
Sell Stop @ 142.20
Sell Take Profit 141.40

Watch Macd for direction
Find a SL
Comment:
30M CHART PERSPECTIVE
snapshot
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