BigMikeyfx

GBPJPY BUY swing trade

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Here I am showing a conservative approach, as I am waiting for the triangle to complete, and for price to reach the upper boundary. We act only on the fact.

🛡 The protective stop with this entry technique would be the end of wave E, because with the right analysis the market won't fall below this level, and in case of failure our risk will be limited.

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.