Today I'm looking at the GBP/JPY on the 4 hour time frame and have analysed a nice opportunity to short the market.
We have 2 Fib extensions at previous structure levels, giving us a nice PRZ. My targets are at the next 127% at previous resistance becomes new support.
Stops and Targets are in place, let's keep an eye on this trade together.
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.