GBP/JPY MACD DIVERGENCE BUY IDEA

2020-01-29 01:29:56

Bought GBP/JPY based on the 30 min and H1 macd divergence where price has made a significant lower low but the MACD has created a higher low and pushing upward.

Entry - 141.84
SL - 141.49 for 35 pips
TP - 142.64 for 80 pips

TP is also a few pips above the 38.2 retracement level