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MarcusHN
Jun 4, 2021 3:07 AM

GBPJPY Swing Position Short

British Pound/Japanese YenFXCM

Description

As we can see,market structure has turn bearish even in the H4 timeframe. The previous order block in M30 has been filled and price is ready to push down. Trend line breakout give us an additional confluence. However, we may expect price to consolidate for abit when it reaches 154.80 level as it is the previous low.

Comment

Entry: 155.59
SL: 155.72
TP: 154.27

Trade closed: stop reached

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