RaynLim

Trade Ideas Educator: GBPJPY Crab

Long
FX:GBPJPY   Livre sterling / Yen japonais
A bullish crab pattern that has dive past the PRZ level, at this moment I'm waiting for 2 things to happen.
1. Consolidation on the HOP level, with candle confirmation and arrow pointing towards the upside.
Trading towards the target there is 2 trendlines I will take note, a break and close above the trendline is a must when market reaches that level.

2. A retracement towards the trendline with bearish trading confirmation, I'll engage on this trend trading setup

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