Trading GBP/JPY: Long Entry Near 188.6
GBP/JPYLongIntraday3d ago4 views
Trade Setup
Entry Price
188.6000
Stop Loss
187.7000
Take Profit
190.4000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Looking at the 1-hour chart, GBP/JPY is showing a clear descending triangle pattern near the 188.6 level.
Fundamental Context
Economic indicators suggest GBP/JPY is positioned for a long move in the coming intraday.
Trade Setup
Risking 1-2% of account on this setup. Clear invalidation below 187.7.
Comments