GBPJPY – Order Block + CHoCH+ Falling wedge = Reversal Setup
Timeframe: 2H
Pair: GBPJPY
📊 Analysis:
The market recently showed a CHoCH (Change of Character), indicating a potential shift from bearish to bullish structure.
A clean bullish Order Block has formed near the previous demand zone, aligning with structure support.
Price is currently retracing toward the Order Block zone, offering a potential buy setup for continuation.
📈 Trade Plan:
Entry Zone: CMP or safe entry Inside Order Block area
Stop Loss: Below the OB low (around 200.00)
Target: 206.00
Risk to Reward: Approx. 1 : 2
⚠️ Notes:
Maintain proper risk management.
Setup remains valid until price breaks below the Order Block zone.
Pair: GBPJPY
📊 Analysis:
The market recently showed a CHoCH (Change of Character), indicating a potential shift from bearish to bullish structure.
A clean bullish Order Block has formed near the previous demand zone, aligning with structure support.
Price is currently retracing toward the Order Block zone, offering a potential buy setup for continuation.
📈 Trade Plan:
Entry Zone: CMP or safe entry Inside Order Block area
Stop Loss: Below the OB low (around 200.00)
Target: 206.00
Risk to Reward: Approx. 1 : 2
⚠️ Notes:
Maintain proper risk management.
Setup remains valid until price breaks below the Order Block zone.
Trade attivo
Trade chiuso: stop raggiunto
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For more live trades
join t.me/vedindicator
The reason behind Orderblock (Free Trial)
Visit- vedindicator.com
join t.me/vedindicator
The reason behind Orderblock (Free Trial)
Visit- vedindicator.com
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.