GbpJpy | EOW Update
Likely my last update this week during open market conditions.
GJ still closed quite bullish but the daily momentum is slowing down a bit. We saw price reach my target of 140 and price has moved 1000 pips from my original long term analysis from 130.70. The past two days we have seen some exhaustion, especially on the 4h timeframe. Going forward, if we don't cover 141.50 I'm looking short as a relief to this bull run. No setups as of time of writing so I'm sitting on my hands.
GJ still closed quite bullish but the daily momentum is slowing down a bit. We saw price reach my target of 140 and price has moved 1000 pips from my original long term analysis from 130.70. The past two days we have seen some exhaustion, especially on the 4h timeframe. Going forward, if we don't cover 141.50 I'm looking short as a relief to this bull run. No setups as of time of writing so I'm sitting on my hands.
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.