Hello traders around the world.
My name is Alexandre Karim & I will be showing you how I planned my trade on GBPJPY.
On the 4H Chart we can see multiple touches on the upper trend line. The price reversed with an A shape and broke the lower trend line forming a 1H bearish flag.
My entry is set at 164.118 & My SL at 164.646 (Above the previous high) Risking 1% of my balance.
Simplicity is key, and I am slightly aggressive with this trade by moving my SL to BE at the first impulse.
#THEPRIMES
My name is Alexandre Karim & I will be showing you how I planned my trade on GBPJPY.
On the 4H Chart we can see multiple touches on the upper trend line. The price reversed with an A shape and broke the lower trend line forming a 1H bearish flag.
My entry is set at 164.118 & My SL at 164.646 (Above the previous high) Risking 1% of my balance.
Simplicity is key, and I am slightly aggressive with this trade by moving my SL to BE at the first impulse.
#THEPRIMES