Dean_Kao

GBPJPY - Potential 1:1 drop ?

Short
Dean_Kao Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY - 2H chart

Potential 1:1 drop, there have a supply zone (blue box) in a small time zone
If the price upward to the supply zone, look for a short signal to enter the market

Signals can be: engulfing, head and shoulder , pin bar, fibo,QM, etc...up to you

TP1
162.8

TP2
161

The above is sheerly a personal analysis, only for reference.
Please make sure your per trade risk 1~3%
Comment:
Trade closed: target reached:
TP1 got reached ,don't forger take profit and move SL under the entry
Trade closed: target reached:
Comment:
TP2, got reached cheers

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