GBPJPY Long Trigger That Nobody Talks About

111
GBPJPY in the 15-min timeframe, after the previous two legs of the 4H uptrend, has now formed a range where breaking it upwards could reactivate the next MWC uptrend wave.

Setup and Entry: You can set a stop buy above 203.268, or you can wait for a breakout candle above 203.237.

Exit Plan: We're taking this position for the continuation of the HWC and restarting the MWC uptrend, so it's better to hold it longer—use partial profits to your advantage. The first resistance will be around 204.203, with daily resistance at 204.810. But definitely close 35% of the position at an R/R of 2, so that if you hit your stop loss, you at least break even.

Goal: Aligning with the drop in JPYX in the 4H timeframe and riding along with the MWC uptrend wave of GBPJPY.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.