GBPJPY Short Opportunity
Updated
Even though as we can see that GJ has broken structure and created a Higher High on 4H, we can see that it
faced bearish pressure. Price broke the Hourly structure to the downside. Although, the overall 4H structure has
been violated by creating a Higher High, I will take advantage of the broken Hourly structure to short GBPJPY
to the downside for an Intraday trade.
faced bearish pressure. Price broke the Hourly structure to the downside. Although, the overall 4H structure has
been violated by creating a Higher High, I will take advantage of the broken Hourly structure to short GBPJPY
to the downside for an Intraday trade.
Trade closed: target reached
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.