GBPJPY
Its been 3 weeks GJ market structure going down. High possibility that next week GJ will continue goes down.
Why it continues go down?
First Reason: (H1) has Shooting Star which it stab the Supply Zone so i consider that is a high possibility rejection candle
Second Reason: (H4) Clearly Shooting Star stab the Supply Zone
**Don't forget tommorow news on Japanese YEN according to Gross Domestic Product (HIGH) & Industrial Product (MEDIUM)
Its just my analysis for GBPJPY if you do follow this. Follow with appropriate money management :)
Why it continues go down?
First Reason: (H1) has Shooting Star which it stab the Supply Zone so i consider that is a high possibility rejection candle
Second Reason: (H4) Clearly Shooting Star stab the Supply Zone
**Don't forget tommorow news on Japanese YEN according to Gross Domestic Product (HIGH) & Industrial Product (MEDIUM)
Its just my analysis for GBPJPY if you do follow this. Follow with appropriate money management :)
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