FX:GBPJPY British Pound/Japanese Yen
I am still looking for a pullback to the areas of either A or B (B is better probability of hard reversal and no DD ) but either are good trades in my analysis. A will be a retest of H4 support and if it bounces off, take long. B will be a retest of a area that has never been touched. If it kisses it, buy long here. If it goes to B low, I dont think it will stay around long due to many trapped sellers. Same goes with A due to the massive amount of consolidation. I am reading that yen will rise this week as well. What do you guys think?