💡 Trade Idea
📈 Buy Limit GBP/JPY @ 142.95
🎯 Target Profit 144.29
🛑 Stop Loss 142.51
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is a clear upward movement by posting higher highs and lows. Currently, it is trading within a wedge formation, and as per Elliott Wave Theory, we are in Wave 4. Our expectation is a breakout to the upside from the wedge and a move towards the 144.29.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
📈 Buy Limit GBP/JPY @ 142.95
🎯 Target Profit 144.29
🛑 Stop Loss 142.51
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is a clear upward movement by posting higher highs and lows. Currently, it is trading within a wedge formation, and as per Elliott Wave Theory, we are in Wave 4. Our expectation is a breakout to the upside from the wedge and a move towards the 144.29.
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
