SamanthaMednik

GBPJPY Intraday Analysis (100 Pips GAINED Last Week!)

Short
SamanthaMednik Updated   
FX:GBPJPY   British Pound / Japanese Yen
GJ hasn't moved much (besides the liquidity grab) last week. Last week's analysis and daily updates will be linked in "Related Ideas" below. The marked up Price Range was a caught move! This week, we'd want GJ to fill in the buy gap it's made. Currently, there's a head and shoulders pattern forming on the 4hr following the lower time frames already formed patterns. Once the sell position's over, from there we will see whether GJ decides to buy up to take out previous daily liquidity and respect the black trend line , or continue selling down to the neckline.
Comment:
Invalid! Waiting for Liquidity and Trend Line Reach for Entry
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.