Hello traders, here we have a lovely
GBPJPY
Long. This idea has many confluences behind it to confirm my entry.
Firstly, the price is at a zone of interest as this is in a structure level and has reacted from the trendline. This is a clear indication of a reversal.
This trade is risking 25 pips for a 230 pip reward which gives us a RISK:REWARD ratio of 9.2 which is a staggering R:R!
Be sure to like and comment for more ideas like this!
GBPJPY
Long. This idea has many confluences behind it to confirm my entry. Firstly, the price is at a zone of interest as this is in a structure level and has reacted from the trendline. This is a clear indication of a reversal.
This trade is risking 25 pips for a 230 pip reward which gives us a RISK:REWARD ratio of 9.2 which is a staggering R:R!
Be sure to like and comment for more ideas like this!
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