Well GBP has recovered from last week, however I am still biased short atm on GJ.
Currently sitting at a level I am watching and it seems to be running out of steam to push any higher. (on the hourly)
However I am yet to get a entry reason so I am monitoring this current level.
Also waiting for daily closure as it suggests (at current price) it will close as a bullish engulfing. At which point my bias would be bullish to 150.000.
So sitting on my hands at the moment.
Currently sitting at a level I am watching and it seems to be running out of steam to push any higher. (on the hourly)
However I am yet to get a entry reason so I am monitoring this current level.
Also waiting for daily closure as it suggests (at current price) it will close as a bullish engulfing. At which point my bias would be bullish to 150.000.
So sitting on my hands at the moment.
However I am not very happy with this. Very impatient. Will close with a small loss.
Remember this is my journal and not signals.