GBPJPY LONG

Updated
After a great impulse upwards, we had a 50% retracement where the market has found support. Looking for another wave, after a few failures to break downwards. It is a little bit risky, but risk/reward is within my personal criterias.

Entry: 142.80-142.90
SL: 142.27

TP 1: 143.55
TP 2: 144.33
TP 3: 145.50
TP 4: 147.00 (Swing)

*Risk management is KEY!
Trade closed: target reached
TP 1 HIT! +65 Pips. You can put SL at break even for a stress free trade.
Trade closed: target reached
For those who held original entries and didnt adjust stop loss. Target 2 was hit, +140 pips.
Trade closed: target reached
TP 2 HIT! +260 pips
Trade closed: target reached
TP 4 HIT! +410 Pips.
Bullish PatternsbuysignalChart PatternsGBPJPYgbpjpylongLONGTrend AnalysisWave Analysis

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