GBPJPY D1, Long TCT opportunity after retracement to structure
I'm watching this special pair, called "The Beast" for a couple of days.
The idea is to enter into a long trade, after the price has retraced to former structure. Since the price is rallying the trade would be a trend continuation trade.
Although it seems to be hard to find a valid SL level it offers a pretty good RRR.
Happy to read what you guys think.
The idea is to enter into a long trade, after the price has retraced to former structure. Since the price is rallying the trade would be a trend continuation trade.
Although it seems to be hard to find a valid SL level it offers a pretty good RRR.
Happy to read what you guys think.
Note
Trade active @148.16
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.
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.