British Pound / Japanese Yen
Short
Updated

GBP/JPY H4 - SELL

96
possible Head and Shoulder pattern at H4. Also price is already touch the Day resistance and falling.

You have 2 entries.

1. You can place your order at supply zone after possible reversal candle stick.
2. You can place order after demand zone breakout.

Please apply risk management. Always make double confirmation before placing trade. It is better to have a professional advice in this regards.
Note
We're near to TP you can let the market or close it manually.
Trade closed: target reached
TP reached. I hope you guys get benefits from my analysis.

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.