GBPJPY top-down analysis it is a bullish move but!!!!
Major Perspective is on an upward movement
So from the 1M first is on an upward movement and is that the major reversal to a point 179.335 then head back up.
So, I also from the weekly time frame that I saw that is might probably have a liquidation sweep and head back down to 170.000 area
But probably still go up then come down but I just really feel to be a liquidation sweep from the 4 hours we saw that it has gone to a level around an order block and probably come down and from the 1 hour it's making a downward movement kind of!!!!, it is looking juicy for a day trading.
So from the 1M first is on an upward movement and is that the major reversal to a point 179.335 then head back up.
So, I also from the weekly time frame that I saw that is might probably have a liquidation sweep and head back down to 170.000 area
But probably still go up then come down but I just really feel to be a liquidation sweep from the 4 hours we saw that it has gone to a level around an order block and probably come down and from the 1 hour it's making a downward movement kind of!!!!, it is looking juicy for a day trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.