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UnknownUnicorn168204

GBPJPY / 4HR / SHORT STRUCTURE + CONFLUENCE

Short
British Pound / Japanese Yen (FX:GBPJPY)  
UnknownUnicorn168204  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY short confluence strucutre stops targets Fibonacci
2
4
gbpjpy short confluence strucutre stops targets fibonacci
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
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