GBP/JPY LONG (New-3-Week-Cycle)
Didn't get the opportunity to buy at 152.959 or 153.308 as I'm waiting for the retest of the "Mean Value Area". AFTER at least 1 level of structure is broken opening the chance for a potential buy. Pending orders will be set at these level for Buys.
But for now I can see the buying pressure because they've broken 3 levels of structure since the new cycle. Hopefully they can continue the momentum upwards after a small pullback to the "Mean Value Area". Climbing back to the last cycle "Mean Value Area" or maybe even the High on the last 3 week cycle.
But for now I can see the buying pressure because they've broken 3 levels of structure since the new cycle. Hopefully they can continue the momentum upwards after a small pullback to the "Mean Value Area". Climbing back to the last cycle "Mean Value Area" or maybe even the High on the last 3 week cycle.
