Intraday analysis GBPJPY 27/03/18

There are 3 options for a daytrade opportunity on GBPJPY,

1- If the price will break out the resistance above, i'll look for P"A

Setup of buy position in order to reach the supply at the top,

2 - The supply above is a great level of sell position, i'll sell there, it's also

Quasimodo level.

3 - The demand below is next fresh demand for buy position, i'll buy there.

Commentaire:

For those who sell at the top (supply level), I roll my stop order to the entrance