will be looking for more rejection at 1.98040 area to entre for a short
if it can break the weekly zone i will be looking to go long
with gbpjpy currently sat on the old resistant and now support zone, i would like to see how it plays out before i entre, if it can go up to the 139 area i would look for a short,
got a few charts muddled up last night, here is my thought for a buy on gbpjpy, any feed back would be great thank you
looks as if we could go down to the 1hr demand before we have a push back up
looks like we could be creating a new high high, then look to short
we are currently just raging from the 4hr supple to the 4hr demand, its at a supply zone currently testing for the second time
looking like we a forming a new high at the support and could go down to the swing low at 1.20500
waiting to see if price can stay in the daily rage to go short
currently sat at the 1 hour support, lower time frames failing to break thought, keeping and eye on for momentum in lower time frames for a short to 4hr demand
2 scenarios looking to break daily range to go further down or we could see it rise back up
will be waiting to see if the daily range can be broking by the bears be looking to sell if it does, down to the daily demand