“GBP/JPY Supply Zone Short Setup – Precision Entry with 1:2 R:R!Strategy: Short/Sell Setup
🔵 Current Price: 189.536
📉 Trend Bias: Bearish setup forming
🔷 SUPPLY ZONE (Sell Area)
📍 Zone: 190.000 – 190.593
🟦 Marked in blue on the chart
⚠️ Sellers likely to step in here!
🔺 Action:
Enter SELL here if rejection confirms
🔴 Bearish candles / wicks are key signals.
🔸 STOP LOSS 🔸
❌ Above supply zone:
📍 190.593
🛡️ Protects against false breakouts.
🎯 TARGET POINT 🎯
📍 187.501
💰 Strong support zone
✅ Risk:Reward ≈ 1:2+
📊 Price Movement Projection
🔵 Dotted trendline shows rising support
⚠️ A break of this could trigger the drop
⬇️ Potential fall from supply zone to target
📌 Summary:
* 🔼 Wait for price to test supply zone
* ⏳ Confirm rejection
* 🔽 Target: 187.501
* 🛑 SL: 190.593
* ✅ High R:R setup!
Gbpjpysignals
GBPJPY SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD GBPJPY SHOWING A GOOD D
UP MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
GBPJPY Signal of the day The 4 Hour is turning up against 126.50 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.81 a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again.
Shor term trade.
Sell GBPJPY
@143.10-25
target: 142.20-141.90
Stop loss: 143.60
Good Luck !