TradingView
BlackDiamondFX
Mar 28, 2023 3:49 AM

GBPJPY Buy Idea Long

British Pound/Japanese YenFXCM

Description

** BEFORE I BEGIN, ALLOW ME TO APOLOGIZE FOR ERASING MOST OF MY DRAWING. I know it would have been more beneficial to leave it but I'll leave it from here on. **

So for this one, I started on the monthly and worked my way down until I could find a nice entry point. On the monthly, I noticed structure and marked off the closest SD zones in relation to the current price. From there I went down to the weekly and daily looking for zones inside of zones.

Once on the daily, I noticed a re-accumulation schematic and dropped to the 4 hour where I was able to find the POI for entry once structure was broken. Now it just a waiting game for price to come back to my entry point.
More