I'm still short bias on GJ for now. On the 4H tf we have a doji at the peak of our bullish run from previous sessions. I can see this being a retracement falling between the 50-61.80% of our fibo measurement.
This peak could be the lower high forming before dropping further to the down side and filling the current imbalances left from our previous bull run.
Stay tuned.
GBPJPY
**This is not trading advice. I am not a financial professional**
This peak could be the lower high forming before dropping further to the down side and filling the current imbalances left from our previous bull run.
Stay tuned.
GBPJPY
**This is not trading advice. I am not a financial professional**
Comment:
Well the bulls are still in charge. Completely obliterating our 4H Zone. Will continue to look for more set ups now that we have reached the next 4H zone.