GJ Forecast + Breakdown
GBPJPY Have Been Bullish Ever Since The Crisis Of Corona [March 2020] ,The Price Has Taken Those Traders Who Trade Trendlines Out [3rd Touch To Be Specific] I Then Went Back To See The Move That Caused The Break Of Structure Then I Found A Lovely 9H Level Of Demand That Caused A Break Of Structure As We Know That For Every Effect There Will Be A Cause For Every Cause There Will Be An Effect ,Price Tapped Into My AOI I Was Not At My Trading Station By That Time ,I Then Went To LTF To Look For An Opportunity To Take The Market Higher ,I Found My Entry On 10 Minute Time Frame I Then Targeted The Next 9H Level Of Supply As It Shows Below That My TP Got Smashed
My Opinion Right Now Is That As Price Made It Way To The Level Of Supply We Can Look For A Confirmation Entry To The LTF To Drive The Price Lower Or We Can Look To Enter From The Level Of LPSLY As C.O Were Accumulating Their Shares If We Don't Find Any Of These Confirmation We Won't Enter The Trade We Will Wait For A BOSP To Occur Before We Can Look To Enter Any Buys
My Opinion Right Now Is That As Price Made It Way To The Level Of Supply We Can Look For A Confirmation Entry To The LTF To Drive The Price Lower Or We Can Look To Enter From The Level Of LPSLY As C.O Were Accumulating Their Shares If We Don't Find Any Of These Confirmation We Won't Enter The Trade We Will Wait For A BOSP To Occur Before We Can Look To Enter Any Buys
Haftungsausschluss
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