GBPJPY short - Supply Demand - h4

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Hello Traders!

On GBPJPY we went down like expected in the analysis. We are right now at a h4 Demand Zone. We could easily break through this Demand because it has already some touches. But we can go still to the upside. Therefore I do not recommend buying it. I prefer to short at the Supply Zone. This would be my setup for GBPJPY. If we will get a price action entry confirmation at the Supply Zone we may also break the Demand Zones due too many touches.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.

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