GBPJPY Short HTF TCT
Nice confluence zone to get short. If you trade CTS:
160 large even handle
Grey AB=CD move
Orange AB=CD move
Fib confluence based on the first AB=CD move
A lot lining up at the 160 even handle. A pullback into the 160 even handle would also line up with a TC trade on the 4H/daily. You can either enter aggressive or wait until tomorrow and look for a DT on the 1H or 15M.
Stops/targets as pictured are not final yet. Trade according to your plan.
*Do your own analysis before entering any trades
160 large even handle
Grey AB=CD move
Orange AB=CD move
Fib confluence based on the first AB=CD move
A lot lining up at the 160 even handle. A pullback into the 160 even handle would also line up with a TC trade on the 4H/daily. You can either enter aggressive or wait until tomorrow and look for a DT on the 1H or 15M.
Stops/targets as pictured are not final yet. Trade according to your plan.
*Do your own analysis before entering any trades
Penafian
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