GBPJPY - Simple overview on current trading range
A simple overview for GBPJPY on the 4H chart.
Currently expecting price to at least test the POC line not far above before making any major moves. Prepared for price to also break pattern to tap into the supply/demand zones and reverse after running stops. Lets see what kind of confirmation price presents to us.
Charting includes - Volume profile, Supply and Demand, Classic patterns.
Like the post to stay updated. Comment/DM me if you have any questions.
As always, stay safe.
Currently expecting price to at least test the POC line not far above before making any major moves. Prepared for price to also break pattern to tap into the supply/demand zones and reverse after running stops. Lets see what kind of confirmation price presents to us.
Charting includes - Volume profile, Supply and Demand, Classic patterns.
Like the post to stay updated. Comment/DM me if you have any questions.
As always, stay safe.
Comment:
Starting to see some rejections from the supply zone marked in chart. will need more confirmation.
