Trend reversal is possible in GBPJPY.
Entering the market from 129.4 with S/L below 127.8 and T/P around 134.26 provides decent R:R and opportunity to ride a possible price reversal in GBPJPY.
Position sizing is crucial in this kind of market environment.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
Entering the market from 129.4 with S/L below 127.8 and T/P around 134.26 provides decent R:R and opportunity to ride a possible price reversal in GBPJPY.
Position sizing is crucial in this kind of market environment.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
Trade closed: stop reached:
Idea itself was good, S/L killed it.