FX:GBPJPY   Livre sterling / Yen japonais
Price opened the week with a rally during Asian Session heading into London. This therefore created a classic AMD of price Accumulating during Asian session, therefore creating liquidity. Then rallied during London, to create manipulation, We could now see price heading to the downside to take out the consolidation during New York to take out the equal lows/Asian Low.

From this, i expect price to continue rallying during the week to take out PWH (Previous Week High). This argument is based upon the evidence that we might be on the buy side of the cycle this week. Therefore i will be looking for buys if price respect my model. If it breaks out to the upside, i will look for entries on the higher highs.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.