NavidNazarian

Gbpjpy long position setup

Long
NavidNazarian Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
We have a BOS to the upside and we are in a pull back right now, I think this specific order block is good to go long. as you can see there are two entry setup, one with lower RR and the other one with higher RR. I'll set an order for the higher RR setup and if it is not triggered then I'll wait for a CHoCH in lower TF to find another netry.
Lets see what will happen...
Good luck
Trade active:
This trade is active if you set an order.
For those who are waiting for a CHoCH its better to wait for the 15min High to be broken and wait for a pull back and then go into it...
Good luck.
Comment:
As I expect, we had a 15min CHoCH and a trend line break out and a retest and now we have lots of confirmation for this trade.
I hope you entered this trade.
Good luck.
Comment:
Partial exit and move SL to BE pls.
Comment:
Hope you've moved SL to BE, as I mentioned before.
I'll enter this trade again by my own risk when I see a CHoCH in 5 min TF.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.