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the5erstrading

Great demand for continuation trade

Long
British Pound / Japanese Yen (FX:GBPJPY)  
the5erstrading  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Supply and Demand continuation priceaction GBPJPY proprietarytrading shortterm
10
1
supportandresistance supplyanddemand continuation priceaction gbpjpy proprietarytrading shortterm
As we can see on the M15 chart the price creates a new demand below.
The current momentum is bullish and therefore this new demand seems like a great continuation level for buy position.
I'll buy at this demand on the first touch of the price.
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