OANDA:GBPJPY   British Pound / Japanese Yen

GJ is an overall buy trend. Predict it may break the weekly pivot and retrace to near trend line before continuing. If not, the weekly pivot will cause a reversal in lower time frames which could snowball to weekly, or be a retracement in the weekly. One way or another, it will be retracing soon towards the trend line. Have an alert set to where I believe the price will start setting up for a reversal or break. I have put 2 entries, a .01 and .03 @ __ . Tp 1 was my alert, should have been Tp 2, but I didn't mark my tps before entering. I have highlighted the area where I know the price will do something interesting

Next time:
Check fundamentals
Mark your tps



*These ideas are for me to strengthen my analysis and document my thoughts as I trade.*
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