GBPJPY 20th September 2021 London Session

47
Weekly/Daily: Bearish bias

30min:

Highlighted some yellow boxes here. You can see that there has been a couple of straight red candles(impulse) earlier on. Thereby, not a surprise that we are consolidating at this moment. (candles side by side)

We might try to retrace higher so the areas I'm watching for rejection are the yellow boxes. If we fail to create support over the yellow boxes as we move up. That's a sign for me to enter some selling.

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.