Price maybe continue down until the HSRL level(green line). Opportunity to take a short scalping first. On that HSRL, DP-decision price will go up or down. So we can wait for PA, entry at pullback.
Fake breakout? Maybe.. good opportunity to buy there first.. what you think guys?...
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As the price right now retested at the same level of the previous resistant creating a 2nd retest. This mean double top trader will sell on that level HUGE money there. Just above it there was a fresh supply I marked on that zone. I call it SL hunting, price will take it first before continue down to the freah demand zone i marked. If that above fail, price will...
GBPJPY I expect it to react as SBR on market open then down to that demand zone and we can try tu buy and target to the qmf level to make another short entry(if you dont want to wait, you basically can put limit order on the qmf zone with appropriate SL according to MM)