British Pound / Japanese Yen
Short
Updated

GBPJPY 187.954 +0.47 % SHORT INTRADAY MULTI TF ANALYSIS

184
HELLO TRADERS

Hope everyone is doing great
📌 A look at STERLING from MULTI TIME-FRAME ANALYSIS

GBPJPY 4H TF

snapshot

* Opening bullish on GU good for possible reversal with PO3 rules.
* The weekly & daily TF show we are still showing signs of a BEARISH move still.
* But seems we may see a push up before continuation with the bears with resting LQ above.
* GJ took External range LQ, looking for that internal range LQ to be taken.
* We are trading in premium of the move,This is where I would be looking for short entries.


GBPJPY 1H TF

snapshot

* As we open Bullish into the 4h FVG because our HTF BIAS (PO3) Is bearish.
* looking for confirmations to short before we push up in continuation.
* We will see what does the market dish.
* GJ not giving clear plan with regards to pd arrays but looking to see UP move to go LOW.


GBPJPY 1H TF

snapshot

* We saw a rally with the bulls, strong momentum to the upside.
* Looking at the 1H FVG, this is where i would look for SHORT entries this week.
* Should this PD ARRAY hold will be SHORT for the GJ intraday.
* BASED on the price action served this week doesnt look good this far but we will see.


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Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.

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