GBPJPY has broke its counter trend and has also broke out a S/R lvl @ 150.318 i am simply looking for a retest of the underside of this lvl and if price action looks clear ( hammer candles, shooting starts , engulfings etc) i will be looking to short this into recent lows aiming for 149.386
confluences for this trade
1. trend break with acceptance below
2. 0.618 fib sitting on our lvl of structure
3. atr for today is also in the zone we are looking to short
this is not a limit order i will be waiting for price action.
confluences for this trade
1. trend break with acceptance below
2. 0.618 fib sitting on our lvl of structure
3. atr for today is also in the zone we are looking to short
this is not a limit order i will be waiting for price action.
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no trade on this for myself