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JohnnWick
Sep 29, 2020 1:18 AM

GBPJPY TRADE IDEA  Long

British Pound/Japanese YenFXCM

Description

Last week GBPJPY gave us a strong reaction off that weekly OB mean threshold. I wanted to get in this trade I idea when I saw this happening but didn't want to risk too much so I chose to let it play out. It's been showing a strong reaction which is good, I want to see the market drop to the 4hr for the buy set up and constantly watch it. If you look at the chart it should explain the rest of what I was seeing for the trade idea.
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