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josappe

08.01.2020 GBPJPY London Daybreak Idea **educational**

British Pound / Japanese Yen (OANDA:GBPJPY)  
josappe  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns educational GBPJPY london daybreak
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trendanalysis chartpattern educational gbpjpy london daybreak
08.01.2020 GBPJPY London Daybreak Idea

Only for educational purposes, because the 8 AM (1H) candle is over 40 pips.
We don't go in the trade when the candle is bigger than 35 pips.


GBPJPY Buy Stop @ 142.944
SL: 142.430
TP1: 143.244 (30 pips)
TP2: 143.344

GBPJPY Sell Stop @ 142.380
SL: 142.850
TP1: 142.080 (30 pips)
TP2: 141.805

Risk management (3%)
Buy SL= -51 pips => 0.01 lot per 200 $/€
Sell SL= -47 pips => 0.01 lot per 200 $/€

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