Livre sterling / Yen japonaisMis à jour GBPJPY 13th Sept 2021 London Session
On the 1hr TF, we can see higher low and higher highs beings held.
As we go into London, it's likely we will to test the orange line (152.23) which is also confluence with the 4hr resistance. If we have candles closing above orange line, we can try a scalp buy upwards.
As we go into London, it's likely we will to test the orange line (152.23) which is also confluence with the 4hr resistance. If we have candles closing above orange line, we can try a scalp buy upwards.
Note
So the earlier bull scenario did not play out. We weren't able to push past the 4 hr resistance and got rejected.Instead of jumping into sells now. It's better for us to wait for more bearish confirmations. For example, breaking below and retesting 152.00.
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