GbpJpy Idea

5 Ağu 2020

Last month strong Bullish candle. Engulfing 4 previous months. Currently trading below 200 weekly structure. has broke @ 135.00 Level. Broke weekly level. uptrend Weekly. 2nd time it has visited this level. Looking to retest weekly before we enter Long. Or Break resistance level and wait for a retest of that to enter long. Daily trading above 200,50,20 EMA's. Crossover Daily. 1 hr counter trendline broke .1 hr 3rd touch of the trendline we will look to buy. Fib level 62% lines up with previous zone. will revisit shortly