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ShrewdCatfx

Market Fear Causes Respect of > [ 157.3 ] Weekly Zone / GbpJpy

Short
British Pound / Japanese Yen (FX:GBPJPY)  
ShrewdCatfx  
FX:GBPJPY   British Pound / Japanese Yen
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This is my bias as we move into the new week of trading. I was confident after Thursday Daily candle closure that we would finally get a close above 157.300 on the Weekly and Daily Timeframes. The News on Friday caused us to respect this zone on the HTF's . I'm looking for Sells for the first few sessions of the week. My bias will change uf we get a strong 4hr close above 156.845. Looking for limit orders entries as I don't thnk these prices can hold given current market sentiment and fud. I like 156.845
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