FX:GBPJPY   Paun British / Yen Jepun
Good morning traders,

Since yesterday's post-New-york session, we've been experiencing a slowdown in the dovish momentum of GJ. This pair is slowing down exactly where I wanted it to use the Fibonacci retracement, My point of entry was between 50 and 60% retracement level.

Using the fixed volume range profile as a tool to measure my confluence. I am very confident about that specific point of entry along with other premium tools. The market bias lay with the bulls for today's target, an old unbalanced price level area of 163.752.

for a long-term swing and more than 400 pips to be grabbed from the entry point level. the market is ready to bounce higher

Penafian

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