GBPJPY 4hr chart 2 long opportunities

31 May 2016

Two long opportunities on this chart, one more aggressive with a massive Reward to Risk (almost 6:1) and one more conservative.

Trade 1 = trend continuation stops behind 160.15 swing low shoot for retest of highs around 163.70 area almost 6:1 reward to risk

Trade 2 = Bullish cypher with the standard stop and targets

1 Haz 2016

İşlem kapandı: durdurma seviyesi

Both trades would have resulted in a loss, hopefully only one of the options was traded per trader as they are different methodologies (trend continuation vs. consolidation pattern)