GBPJPY NEXT STOP?
NOV 10: Price forming a double bottom at the S1 giving a WRTL PEP but we cant be sure of the S1 holding the force of the bears in JPY
we look closely at price action at our PEP zone and our POI zone to make a possible bullish call, like i said we cant rule out the bears force, if price go below WRTL POI then the bears will try to push price down further to the S2 zone.
If the S1 hold successfully forming a double bottom and we can see price sky rocket to WRTL RZ.
Fast forward to currently: The beauty of WRTL we get to milk the market to n fro at a PEP.
price has reversed and we may have insight WRTL RZ as the target
we look closely at price action at our PEP zone and our POI zone to make a possible bullish call, like i said we cant rule out the bears force, if price go below WRTL POI then the bears will try to push price down further to the S2 zone.
If the S1 hold successfully forming a double bottom and we can see price sky rocket to WRTL RZ.
Fast forward to currently: The beauty of WRTL we get to milk the market to n fro at a PEP.
price has reversed and we may have insight WRTL RZ as the target
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