Update On GBPJPY 4HR(Sell)
The pair GBPJPY has reach a monthly unmitigated zone, and has mitigated the liquidity, at this point the pair try breaking the high for days now but Sellers would not make way for Bull to break and continue, meaning Bear is like to take control of the price movement pushing it down to the Liquidity gaps that were left behind, For days now the volume at which the pair was moving has reduce indicating that bear is like to take control of the market.
The Bull are struggling to break the high but it seems the Bears would not allow.
We keep to our plan to sell from the Resistance zone at 183.56
Bear Target; 181.55, 180.69, 179.73.
We only plan to Buy when Price breaks the Resistance at 188.56 and retest.
#Vimhype
Dont for to Like, Share, Comment, and Follow.
The Bull are struggling to break the high but it seems the Bears would not allow.
We keep to our plan to sell from the Resistance zone at 183.56
Bear Target; 181.55, 180.69, 179.73.
We only plan to Buy when Price breaks the Resistance at 188.56 and retest.
#Vimhype
Dont for to Like, Share, Comment, and Follow.
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