GBPJPY - 2H chart
Potential 1:1 drop, there have a supply zone (blue box) in a small time zone
If the price upward to the supply zone, look for a short signal to enter the market
Signals can be: engulfing, head and shoulder , pin bar, fibo,QM, etc...up to you
TP1
162.8
TP2
161
The above is sheerly a personal analysis, only for reference.
Please make sure your per trade risk 1~3%
Potential 1:1 drop, there have a supply zone (blue box) in a small time zone
If the price upward to the supply zone, look for a short signal to enter the market
Signals can be: engulfing, head and shoulder , pin bar, fibo,QM, etc...up to you
TP1
162.8
TP2
161
The above is sheerly a personal analysis, only for reference.
Please make sure your per trade risk 1~3%
Note
Trade closed: target reached
TP1 got reached ,don't forger take profit and move SL under the entryTrade closed: target reached
Note
TP2, got reached cheers
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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.