Wajani Investments
GBPJPY 12/24/2024
Bulls are currently in control as seen from the LH (0-2). Bulls still in control after the retracement following the long move from 1 to 2. If structure 3 (support becomes resistance) is broken to the downside, this trade is nulled. However, strong bullish presence is shown with the large bullish rejection candle.
Remember, the market is patience and good risk management. Always create rules to avoid emotional trading.
Let me know your thoughts and this is for educational purposes ONLY.
Bulls are currently in control as seen from the LH (0-2). Bulls still in control after the retracement following the long move from 1 to 2. If structure 3 (support becomes resistance) is broken to the downside, this trade is nulled. However, strong bullish presence is shown with the large bullish rejection candle.
Remember, the market is patience and good risk management. Always create rules to avoid emotional trading.
Let me know your thoughts and this is for educational purposes ONLY.
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