TRYGBP - Turkish Lira | Great British Pound

I see a trade on this exotic pair. I am highlighting an entry method I use to find entries and exits of sound setup patterns using Japanese Technical Analysis .

1% Risk - 2:1 RR

Comment:

See how price has not stopped creeping toward that 50% Fib level. Interesting to see, I have a limit order sitting on that level, allowing the machine to handle the trade, fully emotionally divested.

Trade active:

Price just hit the 50% Fib level, I am in a short now. controlled risk. 1% 2:1 RR

Trade closed: target reached:

Random pair that worked.