curtal

GBPJPY OUTLOOK & TRADE IDEA | 30m

FX:GBPJPY   British Pound / Japanese Yen
Medium risk buys in this area. Why medium risk? There was no inducement. There might be enough demand tho and it's a pretty good are to look for buys.

Scenario 2 - in case that supply exceeds demand (S>D) you can pretty safely look for sells off the DBR demand area.

What do you think? Comment below.

LQP = Liquidity Pool
DBR = Drop Base Rally demand zone
2WT = 2 Way Trap

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