GJ Buys 05/10/2020 -- Update

FX:GBPJPY   British Pound / Japanese Yen
As I have already had a very good day, I decided when GJ broke resistance to use the 15m timeframe for confirmation, the reason being I had a lot of profits to use as leverage.

When support formed on the 15m, I took a buy entry as the new 15m candle broke the high of the previous candle, with stops below that candle.

As price went up into 10 pips profit, I secured my entry and moved stops to the low of 15m candle where I executed my trade.

We then tapped into the next area of resistance and there I secured more positions and moved stops to BE.

A runner is still running and will be updated when it's closed.

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