GBPJPY

Updated
- Previous Day candle closed bullish. If we are looking for buys we will take on until daily resistance formed on7th Oct 04 and TP 2 on 22nd June 05
- If we are looking for sells we take on until 25th may 05 and TP 2 on 30th april 2024 daily resistance.
- Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day.
- We risk 5-8% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block.
- After hitting TP 1 or any TP {dont not re-enter new trade} , for TP 2 always use B.E .
Trade closed: target reached
TP 1 Reached. Close 90%

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Note
TP2 done 60 + ... see you next time

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Candlestick AnalysisSupply and DemandSupport and Resistance

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