Long
GBP/JPY Longs - 14July2021
1. Price formed a new 1hr demand zone and multiple 1hr candles closing above the zone.
2. Entered longs once the structure made clean HL's.
3. SL below the wick low of the previous 1hr candle (-10pips) as that was the news candle (CPI).
4. Target is the next 1hr Supply Zone.
2. Entered longs once the structure made clean HL's.
3. SL below the wick low of the previous 1hr candle (-10pips) as that was the news candle (CPI).
4. Target is the next 1hr Supply Zone.
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Disclaimer
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.