tradingwithivan

LONG - GBPJPY

Short
tradingwithivan Updated   
FX:GBPJPY   British Pound / Japanese Yen
Im looking to long GJ

Reasons

1. Third touch base off ascending trend line
2. Price is above the 25 MA
3. Strong Bullish momentum candles showing signs of more bullish movement to the upside

R:R

1:1.89

Risk 2% overall capital
Reward +3.89% ROI

Happy Trading Day !
Comment:
Placing SL above entry point, current position running risk free !
Comment:
Position closed, broke even with zero risk of capital loss !

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