4 hour TrendCloud Crossover 1 hour TrendCloud downtrend 30 min supply zone. CCI is slightly against us but we are taking a 1% risk on this trade to the downside for a 2:1 target.
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
For now, I'm just waiting to see what price to do next. Also, the USD inflation rate coming within 5 hours. What do you guys think🤔?
-Higher timeframe weekly = Price sitting low in a 2 year sideways range where buyers have taken control each time so it's reasonable to look for buying opportunities. -Lower timeframe 4hr = Price showing evidence on 1hr and 4hr by breaking downward trend lines and removing opposing pivot point zones showing evidence of buyers taking control. -Quality drop base...