🔻 GBPJPY SELL ENTRY – SUPPLY ZONE TRADE SETUP
📊 Timeframe: 1 Hour
💡 Concept: Supply Zone | Premium Price Area
Price is approaching the strong supply zone between 203.39 – 205.21, which aligns with previous structural imbalance and liquidity sweep zones.
Expecting bearish reaction once price taps into the zone. Sellers may take control, pushing price downward.
📍 Entry Zone: 203.39 – 205.21
🎯 Target 1: 200.50
🎯 Target 2: 198.00
🛑 Stop Loss: Above 205.50
🧠 Trade Idea: Wait for bearish confirmation candle or market structure break on lower timeframe before entering short.
📊 Timeframe: 1 Hour
💡 Concept: Supply Zone | Premium Price Area
Price is approaching the strong supply zone between 203.39 – 205.21, which aligns with previous structural imbalance and liquidity sweep zones.
Expecting bearish reaction once price taps into the zone. Sellers may take control, pushing price downward.
📍 Entry Zone: 203.39 – 205.21
🎯 Target 1: 200.50
🎯 Target 2: 198.00
🛑 Stop Loss: Above 205.50
🧠 Trade Idea: Wait for bearish confirmation candle or market structure break on lower timeframe before entering short.
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.
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.