GBP/JPY London open
Updated
Again, not an A+ Setup. But Looking good for the next week(s) to come I would say.
It would still make morer sence for buys. However, market does not give any clear passagae couple of last mornings, so probably will go very carefoully with lower risk and tight "BE policy" for buys. I have three scenarios for today briefly explained on the picture.
Each scenario to be considered requires structure to be made,broken and confirmed.
It would still make morer sence for buys. However, market does not give any clear passagae couple of last mornings, so probably will go very carefoully with lower risk and tight "BE policy" for buys. I have three scenarios for today briefly explained on the picture.
Each scenario to be considered requires structure to be made,broken and confirmed.
Note
Kind of structure created on 15Min. If 1min candle will be able to close below the low I will enter on its break with the nxt one. This is barely a C setup (5 out of 10).Note
165,580 around that would enter if price drop thereTrade active
sell 165,581Note
SL moved to BETrade closed manually
Break EvenNote
Setting allert option 1 and 3 are still in play
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