GBPJPY Type 1 Breakout + 244 Pip Potential

Short

British Pound / Japanese Yen (OANDA:GBPJPY)

Updated

OANDA:GBPJPY British Pound / Japanese Yen

supportandresistance mtfa indicator thegoldmethodichimoku ichimokukinkohyo ichimoku_trader gbpjpy gbp jpy justwin

Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR.

BO Entry = 127.87
Stop = 128.22 (plus spread)
Risk = 35 pips (plus spread)
Profit target = 125.49 (the daily projected low)
Reward = 244 Pips
RRR = 6.97

I would appreciate if you leave a comment or like as a thank you

Have a great week.

Allen

Trade active:

This trade has been triggered and is now Active :)

Trade closed: stop reached:

Unfortunately this trade failed :(

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