Hello traders, here we have a lovely 
GBPJPY short which has a insane profit of 360 pips!
Similar to my previous idea on
NZDJPY the main factor of this pair is JPY having some bullish momentum.
Confluences
Our main point of interest is the .618 level identified which is also in a structure level. This level is interesting as we have a structure level here and a fib level.
Risk
We our risking 30 pips for 360 pips giving us a R:R of 12 which is a crazy risk:reward ratio!
Thanks for checking out my idea
check my other ideas below!
GBPJPY short which has a insane profit of 360 pips!Similar to my previous idea on
NZDJPY the main factor of this pair is JPY having some bullish momentum.Confluences
- Parallel trendline touch
- Structure Level
Our main point of interest is the .618 level identified which is also in a structure level. This level is interesting as we have a structure level here and a fib level.
Risk
We our risking 30 pips for 360 pips giving us a R:R of 12 which is a crazy risk:reward ratio!
Thanks for checking out my idea
check my other ideas below!
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