Analysis on chart....
141-138 has been a KEY RESISTANCE ZONE to short this pair.
I Will be looking for shorts below big black zone or @ red zone.
Ultimate target is sea blue zone
Regarding the nature of this market, including GBPJPY, I prefer to play them on daily, with my weekly levels to catch huge pips with a moderately sized risk.
Shorter time frames like 4H and 1H are no go zones for me, as far as these markets are concerned.
And so, whilst waiting patiently for these setups, I'll ignore this for now, and move on to other markets.
MooreKapital
Building Stable Wealth With Patience
141-138 has been a KEY RESISTANCE ZONE to short this pair.
I Will be looking for shorts below big black zone or @ red zone.
Ultimate target is sea blue zone
Regarding the nature of this market, including GBPJPY, I prefer to play them on daily, with my weekly levels to catch huge pips with a moderately sized risk.
Shorter time frames like 4H and 1H are no go zones for me, as far as these markets are concerned.
And so, whilst waiting patiently for these setups, I'll ignore this for now, and move on to other markets.
MooreKapital
Building Stable Wealth With Patience
Comment:
Awesome! ;)
