British Pound / Japanese Yen
Short
Updated

GBPJPY short - Can we expect that move?

753
Welcome to a new Update

Monthly:
This chart is super bullish. However we are currently at strong monthly Supply and we would like to see some correction based off the monthly Impulsive Move

Weekly:
Bullish environment and needs soon or later a deeper correction

Daily:
Is currently pushing to the upside from the Demand Zone.

Lower Timeframes:
Price is moving in this correction Channel since price has Formed a M - Formation.
We can expect price to drop down lower if it will break the Correction Channel.

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snapshot
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Scalp Trade that I took today. Targeting the Liquidity from Retail Traders. +3,5R / 38pips / 10,5%
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Change your perception ;)

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