GBPJPY LONGS
📈 Chart Link: 
🧠 PAIR : GBPJPY
👨🏽🏫 Breakdown:
Current Price Action: WE CAN SEE GOLD HAS HIT A SUPPORT LEVEL AND HEADED BACK TO THE UPSIDE AND WHEN ZOOMED OUT WE CAN SEE IT IS IN A ACCUMULATION PHASE IF WE LOOK CLOSELY AT THIS CHART HERE (
) BUT WITHIN THIS ACCUMULATION IT SEEMS WE ARE AT THE SUPPORT OF IT SO THERE IS A CHANCE TO RIDE THIS PAIR ABOUT 200-300 PIPS TO THE UPSIDE.
Key Support & Resistance Levels:
Support: 190.467
Resistance: 207.777
Entry Strategy: I AM LOOKING TO ENTER AROUND 192.250- 200 BASED ON THE London Open
Exit Strategy:IPersonally see price riding to 197 area . For This Trade Exit point is 194.500 with possibilities to close before then
Potential Risk & Reward:
Risk (pips/points): 33 pips risk
Reward (pips/points): 245 pips reward
Risk-to-Reward Ratio: 7:1
Market Conditions to Monitor: N/A
🧠 PAIR : GBPJPY
👨🏽🏫 Breakdown:
Current Price Action: WE CAN SEE GOLD HAS HIT A SUPPORT LEVEL AND HEADED BACK TO THE UPSIDE AND WHEN ZOOMED OUT WE CAN SEE IT IS IN A ACCUMULATION PHASE IF WE LOOK CLOSELY AT THIS CHART HERE (
Key Support & Resistance Levels:
Support: 190.467
Resistance: 207.777
Entry Strategy: I AM LOOKING TO ENTER AROUND 192.250- 200 BASED ON THE London Open
Exit Strategy:IPersonally see price riding to 197 area . For This Trade Exit point is 194.500 with possibilities to close before then
Potential Risk & Reward:
Risk (pips/points): 33 pips risk
Reward (pips/points): 245 pips reward
Risk-to-Reward Ratio: 7:1
Market Conditions to Monitor: N/A
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