GBPJPY takes the next step up the ladder
The British pound has appreciated strongly in recent days. Currency rates that are traded with the Pound have broken through the resistance levels, which can be seen on the charts. Now the price is on the third Elliot wave and we will take this chance. If the bulls attack has the same pressure, then we will open a long position as soon as the fractal level is broken.
Order Type: Pending Order - Buy Stop
Entry Price at 153.75
Take Profit at 154.45
Pips Earning: 70
Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1345
USDJPY buy at the price of 114.25
BTCUSD sell at the price of 48000.00
USDCHF sell at the price of 0.9180
The result of a trade recommendation.
Trading tips for trading currency pairs
The profit can be $666.67 if the trading volume of 100000 GBP (1 Lot).