GBPJPY 230PIP LONG!

Hello traders, here we have a lovely GBPJPY Long. This idea has many confluences behind it to confirm my entry.

Firstly, the price is at a zone of interest as this is in a structure level and has reacted from the trendline. This is a clear indication of a reversal.

This trade is risking 25 pips for a 230 pip reward which gives us a RISK:REWARD ratio of 9.2 which is a staggering R:R!

Be sure to like and comment for more ideas like this!