GBPJPY - Potential 1:1 drop ?
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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