GBPJPY 01/12
Looking to short GJ from 150.600
4H Timeframe Confluences:
- Bearish Market structure as LLs and LHs are being created
- Push above the 150.600 may have been a false breakout as the current 4H candle closed below the key level of 150.600
1H Timeframe Confluences:
- Intraday bullish momentum = broken, as the market has broken the structure and the ascending trendline
4H Timeframe Confluences:
- Bearish Market structure as LLs and LHs are being created
- Push above the 150.600 may have been a false breakout as the current 4H candle closed below the key level of 150.600
1H Timeframe Confluences:
- Intraday bullish momentum = broken, as the market has broken the structure and the ascending trendline
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