Japanese Yen is a safe haven asset for investors, but while pairs have been taken a beating - especially GBP against these safe haven assets - the demand zone 1 was touched so a scalp trade has been placed - aim to get 70-100 pips before closing.
Risk free entry already.
With new fresh zones being touched with heaving selling - await a rejection on a zone and enter. However trading against the trend (in majority of cases) is free money to the sellers or buyers in a trend. So pay attention. Scalping is in and out - so once your pips are secured. onto the next trade
Trade closed manually
closed during asian session 131 before JPY picked up strength
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.