Hello Guys, I hope you all are doing great. Let's get to business! So GBPJPY... I can see a potential long trade in a coming week. Currently JPY is strong
- There is market gap in the downside. I m aiming for it to be filled so we can see price move to the upside. - 2 Entry I with the bigger SL and one sniper enter overall this trade I m risking 2% - There is 0.5 fib for the up and down side meaning price could consolidate on that zone. - Confirmation is when the Gap is filled.We should see some upside.
As always risk management will grow your consistently and I hope you have a great trading year.
May the GBPJPY Gods be with us on this trade.
Note
This one is moving well I have closed someone of my sniper entry position and sniper entry is on breakeven. However. I didn't get the chance to open the big position
Note
So if you took the sniper enter move your Sl to breakeven
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