thattradergirl

Day Trading Bias for GJ

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Hi there, Traders!

GJ is clearly showing some Bullish movement making HL & HHs, BOS, and retracements. If the Fib is correct (4HR TF), GJ retraced into the 50% then, turned around to the upside. (Note: This was a good time for me to try to scale in for another entry).

Price is now rejecting off a 1HR OB, so maybe a small retracement before pushing higher, 185.300?? (Watch 1HR/15M chart).

Entry: 185.000
TP 1: 186.800
SL: 184.300
~ 1:2 RR



*DISCLAIMER: I am not a financial adviser. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Comment:
Active with caution!
Comment:
GJ is moving strong! 💸

Once another protected low is created, I will then move my SL into TP.

Confluences to stay in the trade for a buy:

1. Price broke structure to the upside on higher TF.
2. GJ never closed below the last low.
3. Bullish candlestick momentum.
Trade active:
BOOM!!! TP 1 Hit!

Moved my SL into TP, and letting GJ fly high!
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