as a trend go on, volume started to decrease, this give as a clear picture that major trend must continue to go down
this is my price projection for GBPJPY, Seller & Buyers have competition to push price in a row, but, through trend we get signal for the price where it will held next. The major trend is strong, but there some few sellers who try to, push price lower, so that they can create new support and force the to go much lower than where it is.
I think price will break trend and go to the support area to correct enough orders, then will continue bullish
EURUSD is a strong bearish market in a W1 to 1M because price is likely to reversal upon the mitigation of the bank and institutional candle
GBPUSD, I think is a long-term downtrend. I just want to catch my entry point on a possible reversal resistance zones!
if the market will fail to break the support, it will break equal distance, just wait for reversal pattern in the low timeframe.
bullish trend. MARKET is likely to reversal from the support, then trend up.
it is a longterm bullish market, its just follow a bunch of HH, HL, Supply and Demand, and Main trendline
Let me know in the Comment, what do you think about my idea!
be patient, combine with your highly probability setup
You know what to do, Be patient, and wait for a setup# Candlestick( rejection), Reversal Patterns, Indications, Volume and Measurement( Fib). don't forget to trade in a trend.
take it easy and simple # USDJPY. It's a Bullish Market.