FX:GBPJPY British Pound/Japanese Yen
We will be buying some GBPJPY at market with a price target of 194.700 while risking 100 Pips. This pair is forming an Ascending Triangle which on the 4H chart has produced 75% chance of hitting our projection. Our algorithm has produced 69% odds on GBPJPY when giving a signal. Total odds for this trade will be approximately 72% odds of hitting the target.