if gbpjpy fails to close above the 162.7 resistance, then it's going to continue it's recency short bias
This is my first time trading the Nasdaq futures and i believe this is a top for the day. im not sure if the nfp news is going to have an effect on this like it does forex, but let's see. my technical analysis tells me this is possibly going as low as 11805(yesterday's low) but i believe we can get to 11850, which is about midway. time to turn the nasdaq into a...
GbpJpy has been in a slump lately. it just recently tried to re-establish the overall bullish sentiment/structure it's been in for a while but i dont like the way it has/is rejecting the previous consolidation zone. in my book that normally means it's time to short! & that's exactly what i'll be doing!