GBPJPY - False Break

Updated
Market structure: Range
Setup: False Break/ retest Support
False Break candlestick pattern: Hammer / Bullish engulfing

Entry: looking to enter when price retest support around 149.400. area
Stop loss: 1 ATR stop loss at swing low
Take profit: take profit around 154.220

Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Order cancelled
no entry trigger
Technical IndicatorsSupport and ResistanceTrend Lines

Always trade with the Trend, Trend is your friend until it bend

Disclaimer