【FX Professional Trader Cat’s Pound-Yen Trade Commentary 0820】

On the pound-yen for the 20th, I entered a discretionary trade based on N-Nethod's 4-hour reversal signal.

4-hour chart

Currently 60 PIPS, and aiming to extend further.

30-minute chart

I entered during the growth phase of a bullish candle that cancels the upper wick, according to the discretionary entry conditions of N-Method.

Daily chart

A band walk on a moving average rebound.

Weekly chart

The expansion was confirmed.

Monthly chart

A breakout above the middle band that separates bulls from bears.

This time, there were bearish indications on both the daily and the 4-hour charts. However, because I resisted that temptation, I managed to catch the reversal.

Trend following and counter-trading are two sides of the same coin.

Now, while taking care to avoid heat stroke and COVID-19, let's do our best for this week's final trade.

【Attack is the best defense】 Here is N-Method that generates explosive profits↓↓

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