4hr created a resistance as we have reached newyork session price is repecting the resistance and breaking above it with bullish candles clossing above the resistance area with pre newyork volume we should be able to fill the range to the left hand side.
if price closes above the trend lines we can take a buy if closes below we can take a sell reason being there are clean candles to the left that should project managing losses are very imp
Gbpjpy looking at the higher time frame we can see that we are bullish but for london session if we see our short terms zone break to the down side we can take 10pip but if no then buys above will be better to take as lodon volume hit in.
waiting for price to break either to the upside or the down side waiting for 30min candle to breakout if we see a break on the 30min then will look for either sell or buys no the next zone we have clear range to the left side of about 30pip down side and around 50 on the up side.
Selling because of fib retracement lower lows are forming which should drive the price down. also the london markets are open. if any one takes this trade take it at your own rick and keep taking partials as the prices moves down. 10pip gang
