GBPJPYAs we see, price began a new bullish leg from the last mitigation spot. Price was not fully bullish until we got the impulsive swing which broke the market structure higher, taking out previous LHs.
Now we see price approaching the inception of the bullish move initiated by smart money which BMS higher. We expect for price to make new highs after clearing out the void and hitting the next mitigation spot.
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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.