GBP/JPY MACD DIVERGENCE BUY IDEA
Updated
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
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
Note
Floating 40+ pips!!! Move SL to 10 pips in profit!!!Note
Comment if you making money!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.