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2021-11-09 11:40

Market analysisPrice Action pair GBPJPY H4
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Market analysis:
We see GBPJPY, after a sharp fall has made a pullback, in H1 we see a channel that has been broken, so we could see strong continuation sales. Expect confirmation of candles trading below the traced level, or buying if we see ever higher lows and highs at H4 and H1. I recommend marking daily zones and then seeing setbacks in H4 to place tighter stops and profits above 200 pips. 🤩
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Price Action pair GBPJPY H4
Japan | 2021-11-09 11:40
We see GBPJPY, after a sharp fall has made a pullback, in H1 we see a channel that has been broken, so we could see strong continuation sales. Expect confirmation of candles trading below the traced level, or buying if we see ever higher lows and highs at H4 and H1. I recommend marking daily zones and then seeing setbacks in H4 to place tighter stops and profits above 200 pips. 🤩

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