Hello Traders! for today's analysis, we are expecting to be short on GBPJPY coming this week probably on monday. GBPJPY on the monthly timeframe has mitigated the previous supply zone, and we spotted the break of structure on 1h timeframe to the downside. as you can see the price has been giving us several confirmations to go short; 1. Wyckoff accumulation; 2. Break of Structure. We might enter the trade probably on coming Monday on the 50% mitigation at the previous 1h supply zone shown in the chart.
Signal GBPJPY
Short
Entry Price: 157.394 or 157.319 (as your choice)
StopLoss: 157.482
TakeProfit: 156.086
Good luck traders, lets get it!
Signal GBPJPY
Short
Entry Price: 157.394 or 157.319 (as your choice)
StopLoss: 157.482
TakeProfit: 156.086
Good luck traders, lets get it!
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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.