GBP/JPY (H4) - price currently floating around in this range, we are still maintaining bearish structure on the H4 and we have multiple wick rejections to the upside showing price to break higher so I am leaning over to sells more than anything but if this changes I will adapt to the market with plans for buys. Targets for sells will be 154.742 and buys 155.887
GBP/JPY (M15) - we can see this consolidation a lot clearer on the 15 minute timeframe. We could use the trendline on the current leg of the M15 to look for breaks to short down to support of the consolidation on the 5 minute but the big trade will be if price breaks 155.073
GBP/JPY (M15) - we can see this consolidation a lot clearer on the 15 minute timeframe. We could use the trendline on the current leg of the M15 to look for breaks to short down to support of the consolidation on the 5 minute but the big trade will be if price breaks 155.073