OANDA:GBPJPY   British Pound / Japanese Yen
- Previous Day candle closed Bearish. If we are looking for buys we will take on until daily resistance formed on 22 march 24
- If we are looking for sells we take on until 24th march 03 daily resistance.
- Wait for 1 hour candle to close above or below zone to enter trade.
- We risk 3-10% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes below/above order Block.
- After hitting TP 1, always use B.E don't not re-enter new trade.
Comment:
TP1 Done - Could hit TP2 also... no re-entering or you can take chances if price goes low....maybe more buys if 1 hr closes above 190.57 until TP 2..
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