GBPJPY Intraday Analysis (100 Pips GAINED Last Week!)

GJ hasn't moved much (besides the liquidity grab) last week. Last week's analysis and daily updates will be linked in "Related Ideas" below. The marked up Price Range was a caught move! This week, we'd want GJ to fill in the buy gap it's made. Currently, there's a head and shoulders pattern forming on the 4hr following the lower time frames already formed patterns. Once the sell position's over, from there we will see whether GJ decides to buy up to take out previous daily liquidity and respect the black trend line , or continue selling down to the neckline.

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Invalid! Waiting for Liquidity and Trend Line Reach for Entry