GBPJPY Short set-up

2019-12-09 01:13:36

On the daily we can see price has pushed into a daily DBD level and is starting to reject. On the lower tf (1H), we have a level of demand that pushed into the daily level which is now broken. A 1 Hr supply level was created which is the origin of the move that broke the 1h Demand. A pull-back into the 1h demand is what i am looking to go short, just keep in mind that that level has already been tested. Profit potential is ideal.

3.5 and 5.7 R:R for both targets.