I am still super Bullish on Gbp/Jpy but based on what the market is telling us. we could see a pullback before a continuation. which comes in confluence with the cot data. institution are heavily buying Yen. so we could see a light pullback. to grab liquidity before move to upside.
Follow me for more updates in Gbp/jpy and other setup!!
Follow me for more updates in Gbp/jpy and other setup!!
Trade active
we saw price did as i indicated. finding liquidity on a psychological level around 141.000 lol and smaller timeframe we clearly see a shift of momentum to downsideNote
structure was broken in lower timeframe. so that could have been your entry lolTrade active
this is how i monitor my valid trade setup
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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.