GBPJPY Trading plan
Hi traders,
As we can see, the market has broken the previous major swing low (CHoCH) Indicating that the market is changing direction from bullish into bearish. Then the market broke the previous swing low confirming the downtrend and creating insufficiency which is indicative of Supply zone, thus traders should keep their eyes on supply zone to short the market till it reaches the next demand zone.
As we can see, the market has broken the previous major swing low (CHoCH) Indicating that the market is changing direction from bullish into bearish. Then the market broke the previous swing low confirming the downtrend and creating insufficiency which is indicative of Supply zone, thus traders should keep their eyes on supply zone to short the market till it reaches the next demand zone.
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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.
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.