Krakenzo-13
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since May 18, 2020
bearish
breakretest
bullish
chartpattern
gbpjpy
trendanalysis
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On the weekly timeframe it didn't exceed te previous candle. Waiting for a resistance to form on the daily timeframe (around trend/yellow box). In the short run the first day looking for sell opportunities towards the zone if the momentum remains. (Comment your thoughts)
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On the higher timeframes (4h downwards rally) On the 1hour consolidating. On 15/30min waiting for entry point on the retest from te previous resistance + trend bounce. This is my thought proces of what could happen. (the arrows are rough estimation)
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