GBPJPY - SHORT ENTRY
GBPJPY - Price trading inside strong bearish channel. Impulse short entries can be taken as price rejects the order block.
Once price rejects that area, we can look at immediate market execution as price may potentially make a movement to the downside.
TP can be placed just before the recent low in order to reduce risk and secure profits.
SELL BY ENTRY
R:R - 1:2
E/P: 166.113
S/L: 155.500
T/P: 165.000
R:R Ratio - 1:2
Once price rejects that area, we can look at immediate market execution as price may potentially make a movement to the downside.
TP can be placed just before the recent low in order to reduce risk and secure profits.
SELL BY ENTRY
R:R - 1:2
E/P: 166.113
S/L: 155.500
T/P: 165.000
R:R Ratio - 1:2
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