GBPJPY Short Play
Updated
Looking at GBPJPY we broke through a 4H zone on the last bullish run. Will looking at a LPT short back to the 4H zone approx. 70 pip move. Once we reach the zone we'll be looking to go long after we reach the zone.
Note
Price gave us a nice reaction reaction off of our 4H zone creating a nice long wick giving a decent 150+ pip move down. This also opened the opportunity hop on with the next bull run before potentially pushing through 168.00.
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.