GBP/JPY 1:2 RISK/REWARD TRADE

IN THE 1H TIME FRAME FIRST HH IS FORMED

IF IT BREAKS THE RECENT HIGH OF 132.68 LEVEL

CAN ENTER THE TRADE AT RETRACEMENT OR
BREAKOUT

THE RISK/REWARD RATIO IS 1:2

ALWAYS ENTER WITH A GOOD RISK MANAGEMENT ADJUST YOUR LOT SIZE ACCORDINGLY
NEVER RISK MORE THAN 2% IN A SINGLE TRADE

ALL THE BEST

Order cancelled:

TRADE IS NOT TRIGGERED ,
TRADE NOTVALID ANYMORE AS , THE EXPECTED STRUCTURE DINT FORM

THE NEWS MORTGAGE APPROVAL IS NEGATIVE , MARKET IS REACTING TO THE NEWS