Get started
Crypto_Sid

Potential Long Trade Setup - Out of 147.23-147.054 Area

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
Crypto_Sid  
OANDA:GBPJPY   British Pound / Japanese Yen
Support and Resistance GBPJPY gbpjpylong
5
0
supportandresistance gbpjpy gbpjpylong
Short video highlighting a possible long setup on the 1HR chart for GBPJPY. This setup is based solely on a demand zone and I would be looking risk/reward above 6 potentially.

Right now, I'm going to be monitoring the pair and watching how price action enters the zone in order to make the final call on whether I will take it or not.
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.