GBPJPY - FOREX - 12. FEB. 2020

Welcome to our weekly trade setup ( GBPJPY )!

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1 HOUR
Bullish pullback towards previous resistance.

4 HOUR
Explosion in H4 taking out 70% of previous wave structure.

DAILY
Looking for a break to the downside now in most xxx/JPY Pairs.

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FOREX SETUP
SELL GBPJPY
ENTRY LEVEL @ 142.810
SL @ 143.610
TP @ 141.210
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