GBP/JPY: Short opportunity to catch +500 pips

تم تحديثه
- Price respected the last swing high at supply area around 168.0, A good sign for strong sellers at supply area.
- After forming equal highs at supply area, price dropped with an impulsive bearish move to 165.500 forming equal lows.
- A huge pole of liquidity built below 165.500.
- Also we can observe an imbalance on the last bearish move from 167.0 to 166.500.
- liquidity built below 165.500 will grab the price down also an imbalance needs to be filled.
* We may have a bearish move to 161.0 demand zone after retesting 167.0 filling the imbalance
تم فتح الصفقة
أغلقت الصفقة: تم الوصول للهدف
Price reached first target at 166.0 (+100 pips)
ملاحظة
- 1h full bearish closure.
- Price broke ascending trendline on 1h.
* Next target 165.500.
Beyond Technical AnalysisChart PatternsGBPJPYgbpjpyshortsphinx_tradingTrend Analysis

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