Livre sterling / Yen japonais
Long
Mis à jour

GBPJPY LONG IDEA

91
Classic break and retest theory
We ran a previous Daily high after breaking a swing high to the upside, we have volatility induced at 0030hrsNY.
The swing broken acted as support and a continuation higher is probable. Expect all momentum to be bullish and draw to the Previous Week's Mid.
Asian Close Entry with a continuation to New York higher squeezing all net short traders.
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Anticipated final draw at 162.00
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Confluence: Liquidity has been generated and we have traded at 161.00 on Monday. Orders have been collected and the next target should be 162.00 expecting a sweep at least 10pips above
Trade fermée manuellement
Closed 90% of positions, positions at breakeven expect a reversal, since it seems like market structure has shifted. Smart money has paired short entries.
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Most traders a looking for long entries when Smart money is liquidating long positions.
Be safe
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Is the analysis random? I think not.
Solid win. Stay frosty.

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