Possible Monthly Structure for GBPJPY appears to be OLHC (open low high close) which means we are going in for Monthly buys once price finds a strong support with current daily candle closing with TDi Priceline crossing.
Priceline must cross above bloodline in the Daily time-frame to confirm the presence of Buyers in market.
Potential Target after this plays out is 153.477 (Open of the Month of July 2021).
also starting from 23rd April 2021 till current market price, perfect confirmation we will be going in for Buys soon.
Priceline is still below bloodline in the for TDI , Current Daily candle still has presence (Check with Heikin Ashi).
Waiting for a TDI cross in for Buys.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
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