Get started
British Pound / Japanese Yen
Long

GJ short idea

By beauboger
Updated
GBPJPY
Marked out a bullish fair value gap that price did not tap into. When we tapped into the fair value gap and broke the 50% area of the Fair value gap.

Waited for price to invert above the 50% area of the fair value gap. Then took a long targeting the previous highs and set stops below the fair value gap giving the trade some breathing room.

*not financial advice and its your responsibility to determine your risk*
Comment
winning trade as expected but did come close to my SL.
Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.