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GBPJPY SELL Trade Aug 3 2023
British Pound / Japanese Yen
Short
GBPJPY SELL Trade Aug 3 2023
By glyrad
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Updated
Aug 3, 2023
3
Aug 3, 2023
Distribution Schematics ---> valid from Daily to 15 min TIMEFRAME.
I wait for manipulation of HIGH since it has a valid structure on daily TF followed by IMB from 1h to 15min .
After manipulations of High , It tap into the IMB then continue going lower.
RR: 1:14
a great trade to end the week .
See attached chart for more detailed entry and setup.
Aug 3, 2023
Note
IMB----> equals POI
Beyond Technical Analysis
institutionaltrading
proprietarytrading
smartmoneyconcept
Trend Analysis
Wave Analysis
wyckoffdistribution
glyrad
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