by looking at the market struture and movement. Price are completely making its abc wave that is to number 3 impulsive wave. We look for short opportunity to go sell. If price hitting stop loss, find the opportunity to go short at the second opportunity level.
gbpjpy are in the corrective wave in higher time frame. In daily time frame market structure shows that the price are uptrending. The price are showing that the current market struture is having a triangle 3 wave correction. Look for the zone area to look for buy opportunity.