Hunting to buy: Tactical Plan for GBPJPY
Updated
1. Strategic Direction:
- To gain a better understanding of my strategic direction see this TradingVeiw Post:
- Weekly is in a Trend up phase (based on FZR of w1)
2. Tactics:
- We have FZR of h4 down . Trend phase of h4 will proceed until MF PIvot is broken (or other MF regularities appear)
- once the Pivot is broken I will start looking for some signals to buy (i.w will be looking for FZR up of smaller TF's)
Note:
- Mid/Long Term analysis of Forex pair every tuesday/wednesday
- Any ideas, suggestions, questions - Welcome! :)
- To gain a better understanding of my strategic direction see this TradingVeiw Post:
- Weekly is in a Trend up phase (based on FZR of w1)
2. Tactics:
- We have FZR of h4 down . Trend phase of h4 will proceed until MF PIvot is broken (or other MF regularities appear)
- once the Pivot is broken I will start looking for some signals to buy (i.w will be looking for FZR up of smaller TF's)
Note:
- Mid/Long Term analysis of Forex pair every tuesday/wednesday
- Any ideas, suggestions, questions - Welcome! :)
Note
An FZR of m30 up happened couple of hrs ago. For me this is as good as a entry signal ;)Note
New MF pivot precting the h4 trend down is now exactly on 149,88 price level
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