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Mbugua-Ke
Mar 28, 2024 12:10 AM

GBPJPY 

GBP/JPYOANDA

Description

- Previous Day candle closed Bearish. If we are looking for buys we will take on until daily resistance formed on 19 th nov 04
- 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 - 5% 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 dont not re-enter new trade.

Trade closed: target reached

TP 1 Hit...closed
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