GBPJPY Scalp Long - Order Block Analysis
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GBPJPY Scalp Long - Order Block Analysis
Entry: 154.89 - 155.734
GBPJPY has already started reacting to this level. This is a good sign that GBPJPY may indeed push up from here.
Stop loss: 154.72
The area below the bullish order block provides us with a clear invalidation level.
Targets: 157.77
The bearish order block above give us a clear target to hit.
This idea is for educational purposes only. Please always exercise proper risk management.
Good luck!
- GBPJPY has got very close to its bearish order block (157.77 - 158.222) but not tested it yet.
- Pullback to bullish order block (154.89 - 155.734) may give GBPJPY the spring to bounce up to the abovementioned bearish order block.
- In a risk-on environment, JPY tends to weaken as a safe haven asset.
Entry: 154.89 - 155.734
GBPJPY has already started reacting to this level. This is a good sign that GBPJPY may indeed push up from here.
Stop loss: 154.72
The area below the bullish order block provides us with a clear invalidation level.
Targets: 157.77
The bearish order block above give us a clear target to hit.
This idea is for educational purposes only. Please always exercise proper risk management.
Good luck!
交易進行
交易結束：達到停損點
Unfortunately, this did not work out with JPY strength amidst risk-off moves in the global markets today.
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