British Pound / Japanese Yen
Short
Updated

GBPJPY SELL Trade Aug 3 2023

112
Distribution Schematics ---> valid from Daily to 15 min TIMEFRAME.

I wait for manipulation of HIGH since it has a valid structure on daily TF followed by IMB from 1h to 15min .

After manipulations of High , It tap into the IMB then continue going lower.

RR: 1:14

a great trade to end the week .

See attached chart for more detailed entry and setup.
Note
IMB----> equals POI

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