Hello dear Fellow!
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💷GBP/ JPY Setup / Analysis
🕐 4hr's Chart
The reasoning for this setup
——————————
- ( Take Profit point's ) -
💵 Take Profit 1 ( 184.000 )
----
💵 Take Profit 2 ( 184.685 )
----
💵 Take Profit 3 ( 185.700 )
---
💵 Last Take Profit 4 ( 187.000 )
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Reasoning 📜🖋️
——————————
- Golden Fib Zone - The Fibonacci zone at 0.5 area is a major reversal area for traders.
- Turn level / D - price has Turned at this area before on the 4h chart
- Volume Range Lvn - Low Volume Node
- Volume Pattern Break Out
- Fixed Range hvn- High Volume Node
------
💷GBP/ JPY Setup / Analysis
🕐 4hr's Chart
The reasoning for this setup
——————————
- ( Take Profit point's ) -
💵 Take Profit 1 ( 184.000 )
----
💵 Take Profit 2 ( 184.685 )
----
💵 Take Profit 3 ( 185.700 )
---
💵 Last Take Profit 4 ( 187.000 )
---
Reasoning 📜🖋️
——————————
- Golden Fib Zone - The Fibonacci zone at 0.5 area is a major reversal area for traders.
- Turn level / D - price has Turned at this area before on the 4h chart
- Volume Range Lvn - Low Volume Node
- Volume Pattern Break Out
- Fixed Range hvn- High Volume Node
Note
GBPJPY - 4hrs ( Long Trade x2 Entry Target Range 350 PIP )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.