GBPJPY – Order Block + CHoCH+ Falling wedge = Reversal Setup

31 oct

Timeframe: 2H
Pair: GBPJPY

📊 Analysis:

The market recently showed a CHoCH (Change of Character), indicating a potential shift from bearish to bullish structure.

A clean bullish Order Block has formed near the previous demand zone, aligning with structure support.

Price is currently retracing toward the Order Block zone, offering a potential buy setup for continuation.

📈 Trade Plan:

Entry Zone: CMP or safe entry Inside Order Block area

Stop Loss: Below the OB low (around 200.00)

Target: 206.00

Risk to Reward: Approx. 1 : 2

⚠️ Notes:

Maintain proper risk management.

Setup remains valid until price breaks below the Order Block zone.

4 nov

Operación activa

4 nov

Operación cerrada: precio stop alcanzado