GJ shortI am waiting for the price to break below the s/r
break the structure with an engulfing bar
stay below the ema's
we already have a bearish trend
waiting for a break
then ill jump into the 1h to see if the price is below the 14/5 ema's and below the e200ema then that would be my entry stops will be above the structure tp is next s/r
Gjlongterm
GJ short4H
BEllow the ema's
break and retest making a new structure
bearish trend line
1h
break below the 2emas with a clear momentum candlestick
I took this trade 5 days ago and have been in this range since, so the above were my confluences and I am still waiting for it to break down.
if the price broke above the 5/14 and 200ema ill be out of the trade and look for a buying opportunity
GBPJPY H4 AnalysisPrice has been bullish for the past 6 days and looking to test a daily supply zone from June 16th and previous days in June, possibly testing higher.
I'm a seller by nature so I'm looking for price to show STRONG bearish candle to trigger sellers in the
market long term. Rsi is overbought and attempting to retest highs. A minor rejection at 155.25. Don't think that will hold for long.
Will focus on Higher on time frame analysis. Less noise. I have to be patient and execute my strengths. Wish I could have caught that buy! GJ aka the dragon Moves!!!! lol
Risk Management. Happy Trading.