Hey Traders!
We can see GBPJPY in a Bearish Momentum on the 4 Hours & On the Daily Time Frames.
We are 90% most likely to rise up to the Order Block shaded areas, where the resistance zones are!
Plus we all know about Geopolitical news! As far as we can all see, the situation between Russia & Ukraine is not getting better!
Plus We know GBPUSD is headed to create a Lower Low! (Mentioned in another Idea)
2 possible outcomes are:
1. We follow the direction of the Yellow Line
2. We follow the direction of the Purple Line, We are most likely to follow up this direction unless the market decides to grab further liquidity and rise up to the stronger resistance before further downside momentum!
Notes:
Do not trade when the market first opens on Monday due to high Spreads + No movements. It's better to wait for around 4 Hours then you can trade!
I am personally not trading just yet, i am an 18 years old university student who is trying his best to help people make money in hope to get some donations in return
Thank you
Good luck on your trading!
We can see GBPJPY in a Bearish Momentum on the 4 Hours & On the Daily Time Frames.
We are 90% most likely to rise up to the Order Block shaded areas, where the resistance zones are!
Plus we all know about Geopolitical news! As far as we can all see, the situation between Russia & Ukraine is not getting better!
Plus We know GBPUSD is headed to create a Lower Low! (Mentioned in another Idea)
2 possible outcomes are:
1. We follow the direction of the Yellow Line
2. We follow the direction of the Purple Line, We are most likely to follow up this direction unless the market decides to grab further liquidity and rise up to the stronger resistance before further downside momentum!
Notes:
Do not trade when the market first opens on Monday due to high Spreads + No movements. It's better to wait for around 4 Hours then you can trade!
I am personally not trading just yet, i am an 18 years old university student who is trying his best to help people make money in hope to get some donations in return
Thank you
Good luck on your trading!
