harryspardy

GBP/JPY SHORT OR LONG POSITIONS?

FX:GBPJPY   British Pound / Japanese Yen
Daily timeframe- we're currently bouncing around in a range.


4hour time frame- all I'm seeing from 4 hour is bullish structure just about to hit a supply zone.

1hour time frame- 4 hour bullish trend is being made by range breakout to the downside and has came back up to fill the range, before though we tested new support on range many of times also creating mini range just below.

ultimately I will be looking for buys above the range, waiting of either breakout or break and re-test on the smaller time frame looking for candle closure above as my bias is bullish.

my first time really trying to analyze charts feedback would be welcome no matter the critique.
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