Current Gbp-Jpy trade.
-Daily frame primed in bull mode, wait and watch for dynamic and static S&R to be breached. Pattern = Inv H&S
- S&R breached, first entry taken.
- Wait and watch to see if a second entry could be taken, again waited for breach of the bull flag and rising channel.
-Needless to say Daily, 3H, 1H and 15min all lined up for the long. Spoke about this trade before it happened and fired a "shout out" to place this pair on the watch list for longs. Hope some of you caught some "pipage" on this pair. ISS applied.
Analysis is helpful to share and thats what the site is about, amongst other things, but we trade our own plans. I also had a few other pairs on the watchlist which have…