Hi guys!
Yesterday I posted a sell analysis for GbpJpy, it went TP 137.500 for short term trading.
However last night pound was bullish due to decision of the Brexit moved to 12th December 2019.
In timeframe H1, Diamond QM is forming! So we look buy and can TP at the Supply Zone.
Buy @ 140.00 SL 139.750 TP 141.00
Goodluck!
Currently the GbpJpy is quite bias to sell as the Brexit is extended by 3 months.
Current price is at the SR FLIP + QM Area
Can sell 140.090-140.150 with SL 20-30 PIPS
Target Profit 1 = 139.750