Hello traders, here we have a lovely 
GBPJPY Long. This idea has many confluences behind it to confirm my entry.
Firstly, the price is at a zone of interest as this is in a structure level and has reacted from the trendline. This is a clear indication of a reversal.
This trade is risking 25 pips for a 230 pip reward which gives us a RISK:REWARD ratio of 9.2 which is a staggering R:R!
Be sure to like and comment for more ideas like this!
GBPJPY Long. This idea has many confluences behind it to confirm my entry.Firstly, the price is at a zone of interest as this is in a structure level and has reacted from the trendline. This is a clear indication of a reversal.
This trade is risking 25 pips for a 230 pip reward which gives us a RISK:REWARD ratio of 9.2 which is a staggering R:R!
Be sure to like and comment for more ideas like this!
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VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
Related publications
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.
Want more chart ups like this? Click the links below:
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
Related publications
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.