FX:GBPJPY   British Pound / Japanese Yen
143.581 - 143.379 is a lovely zone, you can see where price entered it and bounced bearishly ( to the downside, orange arrows ) and bounced bullish ( to the upside, purple arrows )

You can see the importance of this area, its like a sh#t city, nobody wants to stay or live there but you have to pass through it to get to where you want to go.... The candles are the same, they don't want to stay in this area because as soon as they enter this area they exit again.

We will be placing some SELL orders around this area as price will respect this zone or area again sometime in the near future.... You always have to stay 1 step ahead of the market.
I'm short on this. :))
+1 Reply
Apex_Gregg Captain_Walker
@Captain_Walker, So are we at the minute, we had a big bullish run yesterday and now we are seeing some correction πŸ‘Œ
Hopefully price uses our zone in the next few weeks.
Reply
@Apex_Gregg, Bull run, yeah. Only thing is that 'the Captain' doesn't rely on hope, luck or predictions. πŸ˜‰ 😊 But it's fine for others to do all that stuff. πŸ˜„
+1 Reply
Apex_Gregg Captain_Walker
@Captain_Walker, the captain only sails his ship πŸ›³ in clear waters πŸ‘Œ we don’t mind choppy waters, as long as we have the correct safety equipment ( SL ) ready in case of a capsize 😝
Reply
@Apex_Gregg, LOL! The Captain sails ships in any sort of waters - just that hope, luck and predictions not required. In 'trading waters' all the Captain does is control risk. 🚀 πŸ›₯βš“οΈ
+1 Reply
Apex_Gregg Captain_Walker
@Captain_Walker, haha I like it πŸ‘Œ
Reply
On it
+1 Reply
Apex_Gregg Managed_CapitalUK
@Managed_CapitalUK, Good good, hope you can benefit from our analysis
Reply
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