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blakerewiribrown96
May 1, 2020 12:35 AM

GJ My Bias 

BRITISH POUND / JAPANESE YENICE

Description

Daily Confirmation:
Yesterday candle stick closure failed to
break 135.00 Price where sellers have
continued to hold and push the market
back down 6 times on the D tf frame price
has been rejected 50Ma is still over 20MA
confirming over all bias is still to the down side

4 Hour
Market is still very bullish
If price can break 132.250 and give a retest i will look for a small intra day trade/finding my entry
on the 1 hour or 30 min time frame

1 Hour TF
Marktet is still bullish but
if we can close below this new support
area and give a retest, break this previous
higher low creating new downside momentum
i will wait for a pull back to test this support which will become new resistance for a nice intra day trade
hopefully during the london or crossover session
tonight
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