GBPJPY / 4HR / SHORT STRUCTURE + CONFLUENCE
Good morning traders,
Today I'm looking at the GBP/JPY on the 4 hour time
frame and have analysed a nice opportunity to short
the market.
We have 2 Fib extensions at previous structure levels,
giving us a nice PRZ. My targets are at the next 127%
at previous resistance becomes new support.
Stops and Targets are in place, let's keep an eye on
this trade together.
Star Prosper
Philip Stewart
Today I'm looking at the GBP/JPY on the 4 hour time
frame and have analysed a nice opportunity to short
the market.
We have 2 Fib extensions at previous structure levels,
giving us a nice PRZ. My targets are at the next 127%
at previous resistance becomes new support.
Stops and Targets are in place, let's keep an eye on
this trade together.
Star Prosper
Philip Stewart