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kofikevs
Feb 21, 2024 1:46 AM

GBPJPY - Buys Long

GBP/JPYOANDA

Description

Analysis
- Higher Timeframe analysis.
- I only see buy's on the M, W and D.
- Price has hit support on the 4H TF
- SL just below the wick of the previous bullish signal.
- Heavy news on Thursday so we may pull out early.
- Nothing too complicated here.

Action
- Ideally, I should have waited until the 4H candle wick formed, but the 1H TF was showing strong bullish structure of HH/HL

Trade active

Beautiful simple trade.
Partial profits taken and the rest to keep running
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