GBPJPY D1, Long TCT opportunity after retracement to structure

I'm watching this special pair, called "The Beast" for a couple of days.
The idea is to enter into a long trade, after the price has retraced to former structure. Since the price is rallying the trade would be a trend continuation trade.
Although it seems to be hard to find a valid SL level it offers a pretty good RRR.
Happy to read what you guys think.

Yorum:

Trade active @148.16