Hey Traders!
Today i analysed GBPJPY, if u can see whe are clearly in a strong downtrend on the HTF (4H) this moment my bias is Shorts bacause whe have enough bearish presure/room to go futher down.
What do i look for when i gonna enter? I wanna see a strong push to the downside breaking level 183.400 and i wanna see a nice pullback and retest around that level if we get that i want a conformation candle and i scale down and take the trade! TP around 181.500 Lets see what we gonna do Monday things can change keep that in mind
Enjoy your Weekend
Today i analysed GBPJPY, if u can see whe are clearly in a strong downtrend on the HTF (4H) this moment my bias is Shorts bacause whe have enough bearish presure/room to go futher down.
What do i look for when i gonna enter? I wanna see a strong push to the downside breaking level 183.400 and i wanna see a nice pullback and retest around that level if we get that i want a conformation candle and i scale down and take the trade! TP around 181.500 Lets see what we gonna do Monday things can change keep that in mind
Enjoy your Weekend