GBPJPY
Updated
Daily: Price above daily midpoint/decision point @ 131.931
4h: Market structure shift from bearish to bullish (LL, LH to HH, HL)
1h: Market structure & direction clearer
Technical Keys:
Arrow Line:
solid: most probable move
dashed: possible move
Horizontal lines - midpoint/decision point (supply/demand)
These are plotted based on a price midpoint: top wick meets previous bottom wick/bottom wick meets previous top wick = supply meets demand, demand meets supply.
4h: Market structure shift from bearish to bullish (LL, LH to HH, HL)
1h: Market structure & direction clearer
Technical Keys:
Arrow Line:
solid: most probable move
dashed: possible move
Horizontal lines - midpoint/decision point (supply/demand)
These are plotted based on a price midpoint: top wick meets previous bottom wick/bottom wick meets previous top wick = supply meets demand, demand meets supply.
Trade closed: target reached
1h target reached. Trade closed successfully in profit.
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