Hello traders, we see an obviously bearish momentum from GBPJPY after failing to reach the high as anticipated. To back this up GJ retraces to the bearish OB with a nice micro upTL and presently forms a micro support level. Liquidity which lies below this zone is the basis for our bias. Our first target would be @ the weeks low and then possibly to the support zone which is a huge draw on liquidity.
What do you think guys? share your views in the comment session and follow for more updates
What do you think guys? share your views in the comment session and follow for more updates
Comment:
Wasn't the best entry but bias is unchanged
