British Pound / Japanese Yen
Long
Updated

Live GBPJPY 6/20/19 11:00 am

61
  • Daily candle bullish engulfing
  • H4 structure valid BOS to upside recent, currently up-trending trying to establish 1st HL
  • H1 BOS to upside valid with m30 confirmation, valid entry but waited to enter because risk was way too high for this trade
    Confluence H1 trendline, random line support, 38.2 PRZ
    Risk: H4 is trending 10-15 pips
    Target: 27 or 61.8 ext
Trade closed manually
Stop reached -20 pips

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.