Hello traders, here we have a lovely GBPJPY short which has a insane profit of 360 pips!
Similar to my previous idea on NZDJPY the main factor of this pair is JPY having some bullish momentum.
Confluences
Parallel trendline touch
Structure Level
Our main point of interest is the .618 level identified which is also in a structure level. This...
Hello traders, today we have a lovely setup for EURNZD , this trade is a rentry from our first analysis. You can see where the first reversal was identified after the break of the bearish trend.
For this entry I have gone for a larger risk then normal so I will use a smaller lot size for this to lower the risk all together.
Our overall target is 360 pips profit,...