Sell Entry On GBPJPY
Supply & Demand zone Concept .
On 1hr chart of GBPJPY price BOS to the downside & turned to the downtrend & come to retest the leave behind FVG + Supply zone. After retesting the supply zone market make bearish candle on 1hr timeframe which is showing selling pressure in to the market so i decided to go short .
Entry Price - 161.624
Stop Loss - 161.934
Take Profit - 157.539
Risk Reward = 1:13 RR
Note - Don't risk more than 0.25% in one trade , We need to keep our fund safe to take more opportunities in this market & specially to alive in this market.
GOOD LUCK TRADERS.
Supply & Demand zone Concept .
On 1hr chart of GBPJPY price BOS to the downside & turned to the downtrend & come to retest the leave behind FVG + Supply zone. After retesting the supply zone market make bearish candle on 1hr timeframe which is showing selling pressure in to the market so i decided to go short .
Entry Price - 161.624
Stop Loss - 161.934
Take Profit - 157.539
Risk Reward = 1:13 RR
Note - Don't risk more than 0.25% in one trade , We need to keep our fund safe to take more opportunities in this market & specially to alive in this market.
GOOD LUCK TRADERS.
Trade closed: stop reached