Gbpjpy buyzone
🚨 **Trade Update** 🚨
📊 **Buy Zone Alert**: Watching the **2-hour timeframe** closely! This setup is based on **order blocks, volume analysis**, and previous **supply & demand structure**.
📉 Expecting the current **bearish movement** to push down into the buy zone, which has shown **multiple rejections** since December. Using a **tight stop-loss** due to the higher risk from repeated rejections.
🎯 **Target**: A confirmed 2-hour **order block** with **strong volume** and previous significant rejections.
⚠️ **Heads Up**: There's **red-folder USD news** today, so this trade carries higher risk. Plan to be **tapped in and running at break-even** before the news drops.
Let’s see how it plays out! 💹
👉 Follow for more updates and insights! #ForexTrading #MarketAnalysis #OrderBlocks #RiskManagement
📊 **Buy Zone Alert**: Watching the **2-hour timeframe** closely! This setup is based on **order blocks, volume analysis**, and previous **supply & demand structure**.
📉 Expecting the current **bearish movement** to push down into the buy zone, which has shown **multiple rejections** since December. Using a **tight stop-loss** due to the higher risk from repeated rejections.
🎯 **Target**: A confirmed 2-hour **order block** with **strong volume** and previous significant rejections.
⚠️ **Heads Up**: There's **red-folder USD news** today, so this trade carries higher risk. Plan to be **tapped in and running at break-even** before the news drops.
Let’s see how it plays out! 💹
👉 Follow for more updates and insights! #ForexTrading #MarketAnalysis #OrderBlocks #RiskManagement
Trade closed: stop reached
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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.