RMPForex

Waiting For h4 trend down to stop - to find a long term buy

Long
FX:GBPJPY   British Pound / Japanese Yen
Note: switch the chart between h4, d1, w1 Time-frames to get the whole picture

1. Strategic Direction:
- Weekly is in a Trend up phase (based on FZR of w1)
- Daily is in a flat phase

2. Tactics:
- We have FZR of h4 down . That means - trend phase of h4 will proceed until MF PIvot is broken (or other MF regularities appear)
- once the Pivot is broken I will start looking for some signals to buy (FZR'as of smaller TF's)
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