Usdjpy , currently breaking structure and heading to the poi. Entry at 5minutetime frame .
Looking at a range that might play out , Overall as of now it’s going to the upside abs eventually in the long it might return to the poi that made that caused the bought to sell move. Looking at this setup in correlation to eur/usd .
Price went did a quick reversal to the downside hitting my poi to the T. Initially the price looked very bullish but had a string reversal hitting my poi . Now it’s going to what I thought it was going to hit first . Trade in 37 plus pibs hoping to get at least 10 more with that hitting that poi and go back to the downside .
First of all we have a bullish trend and it’s headed to two possible POIs . Second it’s following a trend line and it confluences with another trend line and obviously they crossed at the middle and that’s where price is being choppy . The first poi that I’m looking at might play out and if it doesn’t respect it then it most likely go to the next one which it’s...
GBP/USD smart money concept idea . Here we have a reversal movement that’s going to The upside and following a strong bullish push . What you saw was a movement back to an area were it sold to buy which is the point of interest I’m looking at. My bias is it’s going to hit that and do a reversal to the downside . If it doesn’t my initial range is higher than this...