GBPJPY - Bearish bias now
-ChoCh observed and bias has now changed to bearish.
-Price is driving into 50% daily fvg level and is mitigating it. Said level also acts as a resistance. Solid bullish daily candle shows this is a risky short trade but in 1h TF, bullish momentum is slowing down. Risky trade regardless.
I have taken this trade as shown. Let's see how it works out!
-Price is driving into 50% daily fvg level and is mitigating it. Said level also acts as a resistance. Solid bullish daily candle shows this is a risky short trade but in 1h TF, bullish momentum is slowing down. Risky trade regardless.
I have taken this trade as shown. Let's see how it works out!
Nota
Ultimate TP at unmitigated weekly 50% FVG
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.