GBPJPY reacted out of daily supply zone, and currently dropping quite significant. It also created new daily demand, and from that demand, price rally breaking the down momentum line on the daily.
Down momentum line on the 4H is also broken. Buying opportunity at the newly created demand area, refine the zone on the low tf to minimize the risk.
Downside:
The supply zone that currently pushing the price down is not yet broken, please wait for confirmation before buying and use smaller position sizing.
Down momentum line on the 4H is also broken. Buying opportunity at the newly created demand area, refine the zone on the low tf to minimize the risk.
Downside:
The supply zone that currently pushing the price down is not yet broken, please wait for confirmation before buying and use smaller position sizing.