GBPJPY - waiting for Price Action to either BUY or SELL

26 thg 6, 2020

GBPJPY - waiting for Price Action to enter a trade.

26 thg 6, 2020

Ghi chú

Support 132.400 needs to be broken on H4 to continue downtrend.
Watch price action on H1.

30 thg 6, 2020

Ghi chú

Price need to break below 131.8 to confirm downtrend.
Watch price action on H1 for a retest once broken.

30 thg 6, 2020

Ghi chú

Price broke up through 133.500
Need to wait for the new high to form before doing anything, then BUY retest

5 thg 7, 2020

Ghi chú

SL triggered, but the pair behaved as expected and broke through 133.500, retested at 133.000 and climbed up.
Could wait for another restest on H1 TF. 134.000 seems to be a relevant level.