Charts

GBPJPY

This was a trade I just closed out for + 50 pips. I took no where near what I should have out of it but considering I risked 15 pips to initiate the trade it wasnt bad risk to reward. I personally would have held at least part of the position but seeing as it was end of week/month/quarter I decided to close out any positions I had running.
What I really like about this setup is the amount of confluence meeting at one point. I actually didnt think I was going to trade yesterday but when I see this amount of confluence at 1 point how can I resist.
The other factor going with it is Im trading with the current momentum looking for a continuation.

Have a good weekend all!