GBPJPY VIP SHORT! (890pips!)

GBPJPY SHORT
Why are we entering?
- Expecting JPY strength & GBP weakness
- We are waiting for rejection from our structure level and trendline

What is our confirmation?
- Break of RISK trendline and WFB
- Rejection from structure and trendline

Entry
- Safe Entry: Break of RISK trendline & Rejection from structure and trendline
- RISK Entry: Rejection from structure and trendline
- RISK Entry 2: Early break of RISK trendline

Once entered, where will our Stoploss be?
- Above structure & trendline (161.7) 30 pips
- Move SL to BE after running 30 pips

Where do we take profits?
- Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips)
- First TP previous low :155.9 (530pips)
- Final TP: If structure breaks, 152.4 (890pips)