Looking at shorts from 152.00 level to 150.00 level.
Fundamentals in favour of JPY. With overall bearish sentiment on the Sterling.
Confluences:
-78.6% FIB
- Supply zone reached, that aligns with the 152.00 psychological level.
- Down trend
- 4th bounce on trendline
Waiting for breakout on 15 min Time frame before entry.
Fundamentals in favour of JPY. With overall bearish sentiment on the Sterling.
Confluences:
-78.6% FIB
- Supply zone reached, that aligns with the 152.00 psychological level.
- Down trend
- 4th bounce on trendline
Waiting for breakout on 15 min Time frame before entry.
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.
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.