Taking correlation into account i found this setup to be a very powerful one. First we found an area of support and resistance on the daily. we zoomed into the the 4 hour for out entry and found an area of confluence where a trendline lined up well without area that we are looking to trade off of. GBPJPY is also in a are where it too is are a place making this a great place of value to buy.
Trade chiuso: obiettivo raggiunto:
Profit taken.