GBPJPY H4 Analysis
Updated
Price has been bullish for the past 6 days and looking to test a daily supply zone from June 16th and previous days in June, possibly testing higher.
I'm a seller by nature so I'm looking for price to show STRONG bearish candle to trigger sellers in the
market long term. Rsi is overbought and attempting to retest highs. A minor rejection at 155.25. Don't think that will hold for long.
Will focus on Higher on time frame analysis. Less noise. I have to be patient and execute my strengths. Wish I could have caught that buy! GJ aka the dragon Moves!!!! lol
Risk Management. Happy Trading.
I'm a seller by nature so I'm looking for price to show STRONG bearish candle to trigger sellers in the
market long term. Rsi is overbought and attempting to retest highs. A minor rejection at 155.25. Don't think that will hold for long.
Will focus on Higher on time frame analysis. Less noise. I have to be patient and execute my strengths. Wish I could have caught that buy! GJ aka the dragon Moves!!!! lol
Risk Management. Happy Trading.
Note
Bearish Candle forming. Price has found resistance around 155.718 level. Need to see more for confirmation to the downside
Note
Price is currently starting to push down. Looking for price to test the 156.00 level. Then see what we do from there.
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