Let's get to business! So GBPJPY ...
I can see a potential long trade in a coming week. Currently JPY is strong
- There is market gap in the downside. I m aiming for it to be filled so we can see price move to the upside.
- 2 Entry I with the bigger SL and one sniper enter overall this trade I m risking 2%
- There is 0.5 fib for the up and down side meaning price could consolidate on that zone.
- Confirmation is when the Gap is filled.We should see some upside.
As always risk management will grow your consistently and I hope you have a great trading year.
May the GBPJPY Gods be with us on this trade.