GBPJPY Long Idea
Updated
GJ on daily has been rangebound for a while now. PD it broke the upper end of the range and it is now set up for long side properly on higher TF. so if in Asia session we get volume in favor of longs we will have 1/2 in favor with HTF confluence.
Note
Wasn't expecting a move down below PD VAL. Correct play here (in hindsight) was to buy at rejection of 8 on daily.
Even if it sustains over POC, the setup is no longer, as
@TheOneLanceB
says "at the right side of V"
w/o a good chop, the idea seems invalid. will see how it works
Note
Any pullback to PP will give us reason to go long with Grade C risk.Note
beautiful pullback to POC.let's see if we can sustain over POC.
Order cancelled
Idea Invalidated,
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