GBPJPY Long H1
Updated
Higher Timeframe bias is BULLISH.
Strategy: Trend Following Breakout
RRR: 1:2
Area of Value: Breakout
Entry: Wait for the price to pullback on support area or EMA25
Exit: Market structure is broken if it breaks previous low.
Strategy: Trend Following Breakout
RRR: 1:2
Area of Value: Breakout
Entry: Wait for the price to pullback on support area or EMA25
Exit: Market structure is broken if it breaks previous low.
Trade closed: target reached
entered via buy limit. The price perfectly touched my Buy Limit price and took off.Already hit my TP, hence the trade is closed. 1:2 RRR.
You can keep your trade running by adjusting the SL to break even and TP to the previous Resistance.
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