British Pound / Japanese Yen
Short
Updated

GBPJPY short - Supply Demand - Update - TP hit on the last post

864
Hello Traders!

Cheers on GBPJPY. It went up to the Supply Zone and it made a nice Price Action call. Afterwards GJ dropped down to the Swap Zone. Very nice trade. Cheers.

Now the price went up from the Swap Zone to the Supply Zone. This is now the Retest. From here we can again short it. Wait for a nice Price Action call on h1 or h4 and let's go.

Check out my last analysis.

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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Quick Update on GBPJPY

We can see that the price chilling at the Supply Zone. This is not what I like on my setups. When price is too long in a Supply Zone, then we might not have enough orders left there from the banks. Therefore we have the possibility that the price will break the Supply Zone. Just be aware of that.
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Great drop guys
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