GBPJPY 21st September 2021 London Session
Weekly/Daily: Bearish bias
4hr:
If we looked left, 149.5 is an area we've bounced off a couple of times. What we know is that we're in a bearish momentum but seem to be consolidating at this point of time.
1hr:
Seeing some retracement upwards currently. I would like to wait for a higher low formed on 1 hour before considering buys.
For sells, if we break back below 149.200. Make sense to at least scalp to 149.00.
4hr:
If we looked left, 149.5 is an area we've bounced off a couple of times. What we know is that we're in a bearish momentum but seem to be consolidating at this point of time.
1hr:
Seeing some retracement upwards currently. I would like to wait for a higher low formed on 1 hour before considering buys.
For sells, if we break back below 149.200. Make sense to at least scalp to 149.00.