GBPJPY Trade Analysis
Price had deliver handsomely to the downside today. I was trading EURUSD so I missed out.
Price started in consolidation in Asia. Price rallied in London and just tapped the FVG before consolidating during the NY am opening Then price rallying higher to finish London rebalancing the noted FVG. I suspected price would reverse for the NY 10 am Killzone.
At 930 price peaked its high and saw the set up forming. The 10:15 candle broke market structure tipping its hand to be heavy and rally lower take out sell stops and consolidate.
Nice little scalp trade with precision set up. The exit target would have been the sell side liquidity from Monday. Beautiful delivery
Price had deliver handsomely to the downside today. I was trading EURUSD so I missed out.
Price started in consolidation in Asia. Price rallied in London and just tapped the FVG before consolidating during the NY am opening Then price rallying higher to finish London rebalancing the noted FVG. I suspected price would reverse for the NY 10 am Killzone.
At 930 price peaked its high and saw the set up forming. The 10:15 candle broke market structure tipping its hand to be heavy and rally lower take out sell stops and consolidate.
Nice little scalp trade with precision set up. The exit target would have been the sell side liquidity from Monday. Beautiful delivery