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GBPJPY POSSIBLE MONTHLY STRUCTURE OHLC (SELLS)
Monthly Structure for GBPJPY appears to be OLHC (open high low close) which means we are going in for long term monthly sells once price finds a strong resistance with daily candle closing with TDi Priceline crossing.
Bearish Divergence in daily Timeframe. Price above sell pressure zone.
Priceline must cross below bloodline in the Daily time-frame to confirm the presence of sellers in market.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
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GBPJPY POSSIBLE MONTHLY STRUCTURE OHLC (SELLS)
Monthly Structure for GBPJPY appears to be OLHC (open high low close) which means we are going in for long term monthly sells once price finds a strong resistance with daily candle closing with TDi Priceline crossing.
Bearish Divergence in daily Timeframe. Price above sell pressure zone.
Priceline must cross below bloodline in the Daily time-frame to confirm the presence of sellers in market.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
Please support this idea with LIKE if you find it useful..
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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.