High time frame bias bullish. Change of character (CoCH) on the 1 minute time frame, followed by equal lows that were taken out showing a liquidity ($$$) grab. Then a break of structure (BOS) to the upside, drew a demand zone which broke the previous high and set a buy limit at 50% of the zone which was hit exactly.
GBP/JPY
You can see a quick scalping trade of 11 pips in the 15 minute time frame, using top down analysis. Using resistance and support lines, fibonacci and previous highs and lows I entered a sell with take profit and the previous low. Price may reach 154.800 but be careful of being stopped out if you go for a sell too early due to market manipulation.
