FX:GBPJPY   British Pound / Japanese Yen
Lower high complete, price struggling to break above a strong supply level .. Price broke a weekly key level & came back for a retest, so now we could see a new potential lower low & continuation of trend..
Comment: Daily retest also @ fib region
How much stoploss do you have usually? Today's yen surge tests my stoplosses on usdjpy or eurjpy (or I simply entered at the wrong time). But (similarly to you) I think the yen pairs are in a downtrend generally...
I miss your analysis! Thanks. Lol
+1 Reply
@jtiwag, no worries! watch for more confirmation price could rise still im waiting for a direction. :)
jtiwag eazywayout
@eazywayout, yeah, i am waiting. :)
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