GBPJPY
the market is currently in a downtrend with the series of lower lows and lower highs maintaining the market structure. the bullish run on Friday moved price towards correction to pick the liquidity resting at around the 153.27 zone to form another lower high while a new bearish expansion run is expected. this is a move expected to break the previous low at 150.65 and form a new lower low around the 149.42 zone. this is a move expected to give around 380 pips profit in total.
Open to suggestions and observations.
Open to suggestions and observations.
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.