GBPJPY Inside Set Up - Break to `98
The last 5 candles are of interest
1. Thurs 15th August - we have a bullish trending candlestick , which is the Mother bar
2. Fri 16th August - prints an inside bar
3. Mon 19th August - is a Fakey , with a bullish pin bar that fails to break to the downside. This is a false break or bear trap.
4. Tues 20th and Wed 21st - pretty much mirror image inside bars.
5. Today is setting up so far with a bullish trending candlestick.
The scenario is for a break of the Mother bar to the upside. Retest and then rally to the immediate daily Supply Zone of 198.00
1. Thurs 15th August - we have a bullish trending candlestick , which is the Mother bar
2. Fri 16th August - prints an inside bar
3. Mon 19th August - is a Fakey , with a bullish pin bar that fails to break to the downside. This is a false break or bear trap.
4. Tues 20th and Wed 21st - pretty much mirror image inside bars.
5. Today is setting up so far with a bullish trending candlestick.
The scenario is for a break of the Mother bar to the upside. Retest and then rally to the immediate daily Supply Zone of 198.00
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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.