GBPJPY 1 Hour Trading Journal
Since March 19 price has been primarily offering premium prices in a tight institutional
consolidation range. Price tested the 4 hour BISI 4 times in an attempt to rebalance.
On Thursday price took the daily noted equal lows. Then on Thursday price was rejected at the weekly daily sell stops.
Price has been rebalancing a monthly SIBI on a higher time frames. Price ended the week in a discount and seems likely that price will gravitate to the Daily buys stops for a weeks target.
Since March 19 price has been primarily offering premium prices in a tight institutional
consolidation range. Price tested the 4 hour BISI 4 times in an attempt to rebalance.
On Thursday price took the daily noted equal lows. Then on Thursday price was rejected at the weekly daily sell stops.
Price has been rebalancing a monthly SIBI on a higher time frames. Price ended the week in a discount and seems likely that price will gravitate to the Daily buys stops for a weeks target.