GBPJPY 4 Nov - London Session - Sell
Waited for price to retrace back into the last hour of asian session range and waited for price to close back outside. Took a sell position and targeting a 1:5. I tend to go with a slighly bigger RR (Risk Reward Ratio) because the trend is in continuation to the downside
When I am fading the breakout depending on price action. I go for a 1:1 RR
When I am fading the breakout depending on price action. I go for a 1:1 RR
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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.