British Pound / Japanese Yen
Short
Updated

GBPJPY analysis 16 August 2021 (impulse sell)

29
Minor support created
Price broke below minor support. Impulse on way down. stop above current candle. not expecting price to retrace.
Note
1. Impulse sell become an confirmation
2. SL above current candle always because if CANDLE broke candle HIGH I wont want to enter SELLs. means sell idea invalid.
3. 45 minutes there are three times of liquidity wicks and minor support created. Mixed signals
4. I don't leave a runner THIS TIME because there is not enough range on the way down..

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