#GBPJPY | Potential Sell | Potential 3.12RR
It is still early days here - but should price is looking to continue down overall so we are looking for a good short pullback opportunity. A nice Order block has formed here so we are targetting a rejection from this area. Look for a confirmation on reversal and then aim to take entry when exiting the order block. Aim to raise SL to breakeven when achieving apprx 50% of the TP and then you can look to chase it down and beyond the target.
ENTRY | 182.532
TARGET | 181.408
STOP | 182.891
It is still early days here - but should price is looking to continue down overall so we are looking for a good short pullback opportunity. A nice Order block has formed here so we are targetting a rejection from this area. Look for a confirmation on reversal and then aim to take entry when exiting the order block. Aim to raise SL to breakeven when achieving apprx 50% of the TP and then you can look to chase it down and beyond the target.
ENTRY | 182.532
TARGET | 181.408
STOP | 182.891
