GBPJPY 30mins Looks
📌Structure: External Trend is bullish but there's a ChoCh in internal structure.
📌 LIQ and POI: price has swept previous high (bsl) into a newly mitigated bearish ob which caused the ChoCh.
If price is not going for the next Liq above (INDM) that may be swept into the next bearish array (purple box), price might begin to trend downwards.
I'd personally avoid GBPJPY till I see some more definite change in trend.
Selling opportunities are not enough just for me right now.
Ictconsepts
GBPJPY 170.223 -0.12% LONG IDEA 🐮📈HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at GBP/JPY INTO THE NEW YORK SESSION
1. Opened the week by taking previouse week BSL.
2. BEAUTIFULY trending towards the sell side.
3. momentum is perfect not too agressive so we can confidently presume we are in a
correction towards the 61.8 % fib or 50 % before continuation.
4. Looking at that unfilled FVG as a possible entry with the bulls .
5. TARGET would be the the BSL & THE DAILY -OB.
lets see how it goes.
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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