GBPJPY: possible long scenario
Trend reversal is possible in GBPJPY.
Entering the market from 129.4 with S/L below 127.8 and T/P around 134.26 provides decent R:R and opportunity to ride a possible price reversal in GBPJPY.
Position sizing is crucial in this kind of market environment.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
Entering the market from 129.4 with S/L below 127.8 and T/P around 134.26 provides decent R:R and opportunity to ride a possible price reversal in GBPJPY.
Position sizing is crucial in this kind of market environment.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
Trade closed: stop reached
Idea itself was good, S/L killed it.
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.