If you take a look to the COT DATE COMITEMENT OF TRADER/EDGE FUND you can see that GBP is BULLISH and JPY is berish = GBPJPY VERY BULLISH
And if you look the structure on the weekly and daily, we did broke retest AND REJECT the previous resistant turned support so VERY high chance of going to the up side let's see
5:1 RR trade 1% risk
And if you look the structure on the weekly and daily, we did broke retest AND REJECT the previous resistant turned support so VERY high chance of going to the up side let's see
5:1 RR trade 1% risk
Note
We survived the drawdown, the trade should go up during London or Ny Session let's see.Note
Good Reaction from the market During London Session I entered an other position as you can see here in this chart bellow.
I will that 50% of my profit and put my stop loss breakeven when we touch 189.900, because the market could make a double top and reverse.
Trade closed: target reached
perfect 5:1 tradeNote
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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.