TB_M

TB_M

Price has been accumulating for months and bearish divergence has also been spotted.

TB_M Updated 

GBPY/JPY, price changed market structure, possibility of a strong move up.

TB_M Updated 

The Hourly Chart changed character to the downside. I was waiting for retest of the structure breaking point. Slightly impulsive entry, high risk or liquidity grab trap, however, if the trend gets going, Risk to reward ratio is very attractive.

TB_M

The price broke the upper range, good possibility to reach the 4 Hour top 1.11489 (next resistance). 4 Hour Cart is also showing Fair Value Gap.

TB_M

Price created a nice acclimation pattern and broke the upper range. 3-10 Oscillator is also slowing signs of divergence. Stop loss is a bit tight, might fall into a liquidity grab trap.