British Pound / Japanese Yen
Long
Updated

Trend continuation play on GJ

67
Hey Traders,

It's been a while! I hope you're all doing well.

There's a nice trend continuation setup on GJ. Price has reversed and is now testing structure and is poised for a nice reversal. Stops and targets outlined on chart. I personally don't live trade this time frame, however, wanted to share the idea for those who do and for myself as a forward test.

--- PS
Trade closed: target reached
Painful whipsawing on this trade, which is what keeps me away from this time frame. However, the profit target was achieved within 24 hours so I can't really complain!

I'd probably go hands off on monitoring this trade as not to impact my trading psychology.

Cheers,
---PS

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