Just a brief update From Forex-Huslers , As predicted Price respected resistance on GBP/JPY at level 148.000 which created a Supply Zone to Short the market to the downside level of 147.550 which concluded as a level of Dynamic resistance to continue moving downside to price level of 144.000 as First Take profit before price retraces to level of 145.000 then...
Price reached daily high of 1.33850 at a level of resistance . which should now confirm trend has completed retracement at level 1.33800 clear entry on Sell position would be at price 1.33750 to head to the downside to next level of support , based on Bias of sell which is supply in the market to then create a demand price at 1.30600 for entry on buy position to...
Price retraced up on daily chart to the level of 147.700 which is a level of resistance of which also are in conjuction with respecting trendindline aswell as fibonacci retracement and played between the 50 and 38.2 fibonacci retracement to give a clear indication that a solid downtrend will then continue after retracement completes at 147.700. EMA's also then...