GBPJPY SHORTS 2:1
Weekly: price broke structure to the downside on the week of the 18th of Nov. will mostly be looking for sells.
Daily: price is currently rejecting area of resistance and also round psych level of 195.000. It has created an engulfing candle confirming downside potential. It also rejected 50 EMA
4h: price recently broke previous structure and I will be expecting price to come up and retest area of 194.000 which also is a psych level.
Daily: price is currently rejecting area of resistance and also round psych level of 195.000. It has created an engulfing candle confirming downside potential. It also rejected 50 EMA
4h: price recently broke previous structure and I will be expecting price to come up and retest area of 194.000 which also is a psych level.
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