Here’s a write-up for the analysis: --- GBP/JPY 15-Minute Chart Analysis (Dec 23, 2024) This chart captures the current price action of GBP/JPY on the 15-minute timeframe, showcasing key structural points and potential trade opportunities. Market Structure A clear Change of Character (CHoCH) was identified at multiple points, marking shifts in the market...
Here’s a detailed explanation of my GBP/USD analysis on the 1-hour chart: --- The chart highlights key structural points and psychological levels, forming the basis of my trade setup. Market Structure and Key Levels: I identified multiple Break of Structure (BoS) points, signaling the continuation of the prevailing bearish trend. However, the marked Change of...
Here’s a detailed explanation of my GBP/USD analysis on the 1-hour chart: --- The chart highlights key structural points and psychological levels, forming the basis of my trade setup. Market Structure and Key Levels: I identified multiple Break of Structure (BoS) points, signaling the continuation of the prevailing bearish trend. However, the marked Change of...