GBPJPY - Look for Long (INTRADAY) 1:4.5 and Short (SWING) 1:XX
GBPJPY appears to remain in a distribution phase from the supply zone, making its way toward the next demand zone on the higher time frame. We might see a potential sell opportunity during any consolidation before the price continues trending toward the demand area.
Let’s wait and see how price action develops — there’s a chance for entries in both directions, but only if a clear consolidation forms. Otherwise, it’s best to remain patient and look for setups at the next key resistance level.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Let’s wait and see how price action develops — there’s a chance for entries in both directions, but only if a clear consolidation forms. Otherwise, it’s best to remain patient and look for setups at the next key resistance level.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Trade active
Missed the entry by few pips, and continue the trend as forecasted 😓
_S.Fx_
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.
_S.Fx_
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.