GBPJPY Simple Short Idea

٢١ مارسPrice broke 192.36 support making lower low signaling a bearish shift of trend.


Im targeting at least a 50% retracement from ceiling price of 193.6 and floor price of 188.

50% retracement price is 190.74.

This is a simple 1R idea.

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تم فتح الصفقة

Added 2nd entry
Adjusted TP to 190.2

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تعليق

Same framework as one of my previous successful ideas
See link below for in-depth analysis

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تعليق

190.2 is
1. 0.62 Fib
2. Weekly Demand Zone/Weekly Order Block
3. 4H Demand Zone/4hour Order Block
4. previous week high, targeting this would fill the imbalance of unfilled institutional orders.
The link below is a successful idea which is my framework for this short.

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تم إغلاق الصفقة يدويًا

3r