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Break and Retest of G/J Previous Resistance
British Pound / Japanese Yen
Long
Break and Retest of G/J Previous Resistance
By brianfj
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Updated
Nov 15, 2024
8
2
2
Nov 14, 2024
Thesis: Waiting for displacement &
retest of structure / previous resistance
Notes: Wait for Strong Price action W/ Candle stick confirmation
... look for possible RSI Divergence
Daily: Consolidation (Bullish Entry)
Price hasnt broken HH or HL. support formed at 197.021
H4: Bearish ( waiting for HL to form to confirm
Bullish MSS)
H1: Bullish ( price has broken and retested previous LH)
Nov 15, 2024
Trade active
Trade is good but seeing some resistance at area of interest H4 lvl
Could have gotten a much better entry but price was below the VWAP
Nov 15, 2024
Trade closed manually
Execution Stalled at H4 Resistance lvl
Chart Patterns
Trend Analysis
brianfj
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