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360pips

GBPJPY SHORT 360 PIPSHello 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 level is interesting as we have a structure level here and a fib level. Risk We our risking 30 pips for 360 pips giving us a R:R of 12 which is a crazy risk:reward ratio! Thanks for checking out my idea check my other ideas below!
Short
by Pips-Collector
EURNZD LONG 360 PIPS!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, with a 45 pip risk making the R:R 1:8 which is still rather high considering we are using a larger risk. Feel free to leave a comment and like and be sure to follow so you can keep up to date with my new ideas.
Long
by Pips-Collector