GBP/JPY Strong Momentum Candle
On Tuesday pair made a strong bullish momentum candle on daily time frame and reached the top of the range. If price breaks the structure we will look for buy potential setup after correction to the structure at 140.000.
If price will not make a new HH and closed below 139.600 then we are looking for sell setup with a target to the bottom of the range at 138.250
If price will not make a new HH and closed below 139.600 then we are looking for sell setup with a target to the bottom of the range at 138.250
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.