Breaking down GBPJPY i was able to observe a wedging effect to take place under some extended ranging or consolidation time.
I am expecting a bullish breakout to the upside.
My illustration describes what we observed. And how the pair may play out.
I am considering some Orders. That i will later add in the comments.
I am expecting a bullish breakout to the upside.
My illustration describes what we observed. And how the pair may play out.
I am considering some Orders. That i will later add in the comments.
Comment:
Still developing. Structure respected 138.585
Comment:
Structure still respected. Price bought back into execution zone. Awaiting till later today to find entry. Will provide coordinates.
Trade active