After doing a top down analysis GBP/JPY is looking to break out above previous structure high and take off. We have seen the market test and retest the same resistance area for quite some time. Looking to take buys above 161.65 after the market pushes to the upside and a clean retest of that area. Wait for break and close above 161.65 on the 4h to confirm long...
After seeing US30 fail to break the previous high and exhaustion at the current level of 32500 range I am looking to get my candlestick confirmation entries for sells at 32600 if you want to take the risk or wait for the break and close below the 32350 resistance before taking the market down to our previous low point of 31500 for TP1 and 30990 for TP2. Hope this...
