GBP/JPY POSIBLE SCENARIOS
Updated
We can observe a SHS pattern in daily TF so we will aim for TP1 where our current floor is.
TP2 is obtained using dominan break on weekly TF aiming for that 161,8% level.
If we break our previous high 158.2XX level we will start looking for a bullish entry.
TP2 is obtained using dominan break on weekly TF aiming for that 161,8% level.
If we break our previous high 158.2XX level we will start looking for a bullish entry.
Note
We are need our selling zone between 156.050-156.300, I'm hoping for a rejection around this area and go retest our floor down there
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