GBPJPY Long bias Trade idea

In my markup you can see we have 2 possible scenarios for long both carry a risk to reward over 1:10 second scenario provides a better RR, this opens the possibility to using limit orders with proper risk management or just reacting accordingly when price comes into each area of interest.

Please remember to Like Comment & Follow my Tradingview if you agree to my Analysis!
-----------------------------------------------------------------------------------------------------------------------------------
Always remember to move your trade to break even when in profits, its better to be a break even trader than a losing trader.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions!

取消訂單:

GJ didnt provide a deep enough retracement for our trade idea, Did give a beautiful entry opportunity off of support, sat this one out. We'll just have to wait and see what the following london and NY sessions provide. = NO ENTRY

交易進行:

Update, if you had a LIMIT order placed at the first POI the order should have placed you into the trade which is currently running at 1:5, Also has just now hit our area to go Break even and take our first profit scaling of 50% of the position.