Gbp/jpy trade target achieved
As per the analysis first we have marked the demand and supply. After breakout of demand zone 108.600 level. We have applied fibonacci from top to low( from where price started to taking pullback)
At the zone of 61.80 price has lost momentum so at that level we have zoomed to 15 min tf and there made a trend line. After trendline break shorted and place sl above 61.80 level.
At the zone of 61.80 price has lost momentum so at that level we have zoomed to 15 min tf and there made a trend line. After trendline break shorted and place sl above 61.80 level.
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