Shorting GJ from POI

3 giorni fa

Based on my analysis, I anticipate GBP/JPY (GJ) to clear the liquidity at the top before resuming its descent toward my target profit (TP). This expectation aligns with the higher time frame (HTF) structure, which suggests a significant bearish move. To manage risk effectively, I am limiting my exposure to 0.5% of my trading account on this setup. The trade thesis is grounded in the premise that the pair will first attract liquidity above key levels before continuing its larger downward trend.