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.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
