Quite a few Buying volumes entry last week from the MM, this week i will start catching the retracement and probably looking to long this pair by end of week if the buying volumes continue.
Looking to buy gbpjpy this week on retracement.
Buyer still in control. possible long continue . buy at pullback.
Seller still driving the market this week. possible downtrend continue .
Sell at pull back or sell at breakout. which ever come first
Expect to see another sell off next week and retest 1548 area. If you guys see my previous analysis TP 1 TP2 reached this week. ! Happy trading.
Fibonacci retracement at 61.8% if the resistance holds. I would say 1520-1522 would be the healthy TP area. Please feel free to share your ideas.
USOIL Short might trigger if its continue break lower
Possible GBPJPY Next Move will see how thing play out and act accordingly.
Time for Long setup. through out the year of 2020 ! Please feel free to share your ideas.