GBPJPY has broken structure on the inside, and made LL and LH, which sets up a major sell zone, with a one bar stop. Further confirmed by a 1-2-3 push into Friday"s HOD, HOW, HOY. Target: 300 pips.
Breakout. Entered at the LTF after BOS. Looking for scaling-in opportunities. SMC is a powerful way to trade like the banks as they leave their footprints.
SMC confluences - from HTF to LTF. Example of a Zero drawdown entry. Double digit RR
Dollar strength. Zero drawdown. Trade like the banks.
Active trade sell on GBPUSD. More bearish momentum as key zones taken out.
Heading toward daily resistance but plenty of bullish bias to grab more pips.
Look for sells. Keep RR in focus. Bias is bearish.
Downside bias. Undermined by dollar strength.
Looking for downward continuation opportunities.
Downward bias intact below 1740. Any approach toward that level is a shorting opportunity. Good luck.
Waiting for multiple wick rejections and a retest before sells.
Good bullish momentum. I expect to carry through into next week. 1st tp hit. Scaled in on pullbacks.
The bias is down and bearish. I am looking for the reversal from about 1719 to complete the H&S. Trade accordingly.