tntsunrise

Educational: BUYER failure and SELLER failure.

tntsunrise Updated   
FX:GBPJPY   British Pound / Japanese Yen
52
An explanation of the
BUYER failure and SELLER failure.

Please take note that
we only use this method in range bound
wait for the buyer failure and seller failure
then pull the trigger!
Comment:
with the doji candle formed yesterday.
now it is very clear that buyer failed the 2nd attempt to make a new high.
short gbpjpy and the price will rotate to the other side of the range
Trade closed: target reached:
range rotation
reached the target of 180.35

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