TradingView
AlkalineFX
Mar 7, 2021 7:34 AM

GBPJPY - Previous High Wipeout Short

GBP/JPYOANDA

Description

The most recent high got purged aggressively before reverting back below the structure. I would like to see price hold below the line marked to follow the arrow down to a lower timeframe order block.

This could present a small fade opportunity on this large upwards trend.
Comments
cabdirisaaqmaxamed2022931
hi guy
AlkalineFX
cabdirisaaqmaxamed2022931
wiw
AlkalineFX
paichiel
I guess this would be the best time to sell ?? judging by the trend...
AlkalineFX
@paichiel, If price continues to reject it could create a great selling opportunity.
EasyCharts
Could see this one playing out! Best of luck
AlkalineFX
@EasyCharts, Appreciate it! Have a great week
More