I have entered a buy position on GBPJPY 152.300.
My stop loss is 152.198.
1.Monthly and weekly timeframebullish bias.
2. Heavy rejection on 4h timeframe, 151.600 Zone.
3. Huge bullish engulfing candle, indicating large bullish presence in this zone.
4. Large wicks to the upside, indicating price is reaching.
STOP LOSS @ BREAKEVEN
RISK FREE TRADE
Stopped out & re-entered, clear stop hunt.