PEPPERSTONE:GBPJPY   British Pound / Japanese Yen
Reason
Trading Checklist

1. Analyze from a big time frame. Yes.
2. Is there any setup? Yes, Ruler Setup.
3. Set both buy and sell zones on a higher timeframe such as 4H or Day. Yes.
4. Use a trend-following setup. Yes.
5. The Risk-Reward (RR) ratio should be around 4 or more than 2. If there is an 80% chance of reaching the target, take it. Yes.
6. Confirmation using Choch. No, it risks entry.

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