RaynLim

Navigating Contrasting Trends for Optimal Trading Strategies

Long
FX:GBPJPY   Livre sterling / Yen japonais
The 4-hourly chart showcases a compelling Bullish 5-0 Pattern retest accompanied by an RSI Divergence.

While direct engagement in the trade is an option, I'm personally inclined towards waiting for a Bullish Gartley Pattern retest around 186.39.

This approach significantly mitigates risk while still allowing for favorable profit potential—a strategy centered on lower risk for higher returns.

What are your thoughts or trade plans on this opportunity?

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