after taken liqudity of the buyside and change of character we will see a drop of the price we consider Supply zone an entry point
- Trading is probability control your risk management
Good luck
GBPJPY is approaching very long and high resistance zone, and also shows the start of a downward movement, you can do a short sell here and stop loss will be just above the resistance zone, if it breaks this resistance we will further buy it and if it comes down as expectation, we will sell further seeing the movement.
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Hello my fellow traders, hope you'll making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. The pair did breakout from its rising wedge and took a reverse after hitting its resistance zone. As far our analysis, one can take take a sell signal while keeping TP at 132.000
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