GBPJPY Sept 28 2023 BUY Trade

GBP JPY:

Starts with Daily Structure--->BULLISH

4H Bullish--TAP of Demand Zone
1H---> DEMAND
15Min ENTRY.

A Clear Wyckoff Accumulation seen on 15minTF. Upon checking , It is aligned with the higher time frame bias.

London Open Entry because of Validity and Liquidity Grab in 15min TF.

If you zoom on the chart, you can see BOS after validity. Another confirmation of demand.

Asian session introduced demand

RR: 1:7
Beyond Technical AnalysisFundamental AnalysisTechnical Indicatorsinstitutionallevelsriskmanagementstrategysmartmoneyconceptsupplyanddemmand

Penafian