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Rohit_Fx
Mar 16, 2023 5:05 PM

GBP/JPY long idea  Long

GBP/JPYCapital.com

Description

as you can see that market played as I anticipated in the previous idea that I was looking for this refined 4h demand to be filled before looking for buying opportunity. in Landon session you can see market after retesting that 4h demand shows some nice rejection broken some key structure in the lower timeframe which shows buying pressure. so, I have marked a clear zone to buy from the 2h timeframe you can refine it further if u want to.

entry:- you can go with aggressive entry if u want but stoploss is going to be damn big. so, I should prefer you to go with confirmation but either way that is your choice

target:- you can look for to fill the extreme 2h supply above.

I HOPE THIS ANALYSIS PROVIDE SOME VALUE IN YOUR TRADE, IF IT DID THEN DO FOLLOW FOR MORE SUCH ANALYSIS LIKE THIS.

Comment

IT IS LOOK LIKE MARKET IS NOT GOING TO RETEST 2H DEMAND INSTED REACING FROM THE 4H DEMAND. SO, I THINK YOU SHOULD LOOK FOR BUYING OPPORTUNITY FROM THERE
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