Continuation Daytrade GBPJPY
📈 CHART ANALYSIS 📉
PoundYen just made a structure breaker as it just disrecpected nearest QM (L, H, LL, HH) with a base (DBD).
I'm expecting price to make a clear rejection downward after pullback from the base.
But now we can see price still in pullback mood. Perhaps price favoring the fresh supply up there with possible
fake breakout after series of small resistances, may be a fakeout setup if it happen. 😏
As always, trade wisely with proper risk management eventhough this could be a sharp entry 😋 and much loves! ❤️
PoundYen just made a structure breaker as it just disrecpected nearest QM (L, H, LL, HH) with a base (DBD).
I'm expecting price to make a clear rejection downward after pullback from the base.
But now we can see price still in pullback mood. Perhaps price favoring the fresh supply up there with possible
fake breakout after series of small resistances, may be a fakeout setup if it happen. 😏
As always, trade wisely with proper risk management eventhough this could be a sharp entry 😋 and much loves! ❤️
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.