Looking for another formation on lower TFs to take the advantage of some few percentages to the upside. More sells will come over at the third bounce of the corrective structure. On 15 Min TF the Flag continuation Pattern is broken, moving to the upside.
From the daily TF it has formed a rising wedge structure, it is broken already. The price is currently at the corrective phase. IT has made the corrective structure that looks similar to the parent structure. On H1 and H4 the price is respecting PATTERN WITHIN PATTERN nature. Which is making the pair to be more interesting. The key area points o FX:GBPJPY n this...