Pedro_Forex

GBPJPY 10/27/19

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FX:GBPJPY   英鎊 / 日圓
Following the trend of sell I am looking to see price come up short term for GJ to then continue dropping I have found using COT data and price action that smart money have began to sell GBP and is starting to buy JPY so we could see some manipulation up stopping out sellers and activating buy stops the then come down longer term to take out the point of interest makes below
Please use proper risk management if you choose to take this trade I am not a financial adviser just sharing a few trade idea that I am looking to participate in I look for minimum 1:3 risk to reward ratio trades while risking 1-2 percent on each trade
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