Daily view:
I can see a perfect .705 retracement on the daily timeframe , into a bullish orderblock
On the lower timeframe (1H), we've broken past the resistance that was holding us back and now we should find support on it before taking on some more highs.
Target for now looks like that daily resistance level which would also fill the void on the daily timeframe that we have left on the recent dump.
Original idea by Svarog https://www.tradingview.com/chart/GBPJPY/UpUUKhMW-GBPJPY-Victorian-knights-versus-the-Samurai/
I can see a perfect .705 retracement on the daily timeframe , into a bullish orderblock
On the lower timeframe (1H), we've broken past the resistance that was holding us back and now we should find support on it before taking on some more highs.
Target for now looks like that daily resistance level which would also fill the void on the daily timeframe that we have left on the recent dump.
Original idea by Svarog https://www.tradingview.com/chart/GBPJPY/UpUUKhMW-GBPJPY-Victorian-knights-versus-the-Samurai/
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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.