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faithintrade
Mar 1, 2021 1:39 AM

GBPJPY PRICE TRAP 1HR tf 

GBP/JPYOANDA

Description

GBPJPY Price Trap - (BUY/SELL)

BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 149.061
TP1: 149.315 (25 pips)
TP2: 149.679 (61 pips)
TP3: 150.023 (94 pips)
TP4: 150.368 (130 pips)
SL: 148.693 (37 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 147.428
TP1: 147.226 (20 pips)
TP2: 146.941 (48 pips)
TP3: 146.538 (89 pips)
SL: 147.804 (38 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE

Trade closed: stop reached

Comments
MoneyMakerTrade
Good job 🔥
faithintrade
@MoneyMakerTrade, thank you!
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