📉 GBP/JPY Supply Zone & Short Opportunity 🚀
🔹 Timeframe: 2H
🔹 Key Resistance Zone: 192.15 - 192.56
🔹 Bias: Bearish 📉
🔹 Trade Idea: Looking for a rejection from the highlighted supply zone to go short. Price may retest the 192.5 area before a potential drop.
🔻 Targets:
1️⃣ First downside target: 190.50
2️⃣ Second downside target: 188.80 - 187.70
If price breaks and holds above 192.56, the bearish setup may be invalidated. Watching for confirmation before entry. 📊
🔹 Timeframe: 2H
🔹 Key Resistance Zone: 192.15 - 192.56
🔹 Bias: Bearish 📉
🔹 Trade Idea: Looking for a rejection from the highlighted supply zone to go short. Price may retest the 192.5 area before a potential drop.
🔻 Targets:
1️⃣ First downside target: 190.50
2️⃣ Second downside target: 188.80 - 187.70
If price breaks and holds above 192.56, the bearish setup may be invalidated. Watching for confirmation before entry. 📊
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.
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.