Previous day had strong bullish momentum. Looking for a temporary pull back to create the daily wick. Will wait for strong bearish close on the 1Hr for entry. Targeting a 1:4 RR 10pip SL 40 pip TP Entry - 125.900 TP - 125.520 SL - 126.020
Overall Look on Daily GBPJPY is bullish looking for a short term trade to 139.700 Will be cautious around the Resistance zone as we did have Weekly reject twice. Will be looking for a bullish set-up around 138.2 level keeping in mind that there is Brexit talks, monthly candle close, and NFP week. If price does not present itself, I’ll be waiting for the new...
Vaccine News Optimism in the market Break above Key level 137.5 Break above daily supply now support (break and retest) Looking for a buy at 137.5 TP 139.72 SL at 137.44 ( below week low) Previous weekly left a bullish candle with a wick. This has created a daily range for the weekly to fill. 4hr is in a bullish trend - Break above 137.5 and now testing it as...
1. Bullish Momentum 2.Broke 4hr Resistance 3.retest of broken resistance