GBPJPY Analysis (11th April 2024)
Market Analysis PT2/2 (11th April 2024)
GBPJPY Analysis
On the 4 hour timeframe, price action rejected off the 4 hour Orderblock and created another bearish Change of character, This shifts my bias from bullish to bearish on the 4 hour.
In the process, a 4 hour Fair Value Gap has been formed and if you drop to the 1 hour timeframe it also overlaps with a 1 hour Fair value gap. This will be a high probability area for me to look for potential SELLS from.
Ideally i want to see price tap into the 4 hour FVG and create a 5/15 minute Change of Character before looking for sell on GJ.
🌍Telegram | t.me/callistofx
📺Youtube | youtube.com/@callistofx
📷Instagram | instagram.com/callisto_fxtrades/
📺Youtube | youtube.com/@callistofx
📷Instagram | instagram.com/callisto_fxtrades/
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.