masterkeytrading

Live GBPJPY 6/20/19 11:00 am

Long
FX:GBPJPY   British Pound / Japanese Yen
  • Daily candle bullish engulfing
  • H4 structure valid BOS to upside recent, currently up-trending trying to establish 1st HL
  • H1 BOS to upside valid with m30 confirmation, valid entry but waited to enter because risk was way too high for this trade
    Confluence H1 trendline, random line support, 38.2 PRZ
    Risk: H4 is trending 10-15 pips
    Target: 27 or 61.8 ext
Trade closed manually:
Stop reached -20 pips
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