GBPJPY - FOREX - 20. JAN. 2020

Welcome to our weekly trade setup ( GBPJPY )!

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1 HOUR
Small push above previous consolidation highs.

4 HOUR
Pump and dump, takeout of short holders and down now?

DAILY
Overall market turned bearish , expecting some more bearish pressure.

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FOREX SETUP
BUY GBPJPY
ENTRY LEVEL @ 142.860
SL @ 142.140
TP @ 144.290
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)


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Have a great week everyone!

ALAN