GBPJPY Looking for sell's
Updated
Current bias is still bullish. However after last week's candle closed strong bearish and using candle probabilities and clean traffic area's, I am currently looking for sell's. 4 hr is closing strong bearish and with clean traffic to the left below the current support, I anticipate price to continue bearish. Will wait for a candle to close below support on the m30 time frame, tap in to the zone (previous support turned resistance) and then look to sell as price rejects the zone. Or if the 4 hr makes a deeper pullback, will wait for resistance to form on the lower time frames and sell as long as the new 4 hr candle doesn't break the high of the previous.
Note
Secured 10 pips with stops to breakeven.
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