GBPJPY looks as if it has been setting up for a sell.
We took out liquidity with an impulse move up and then immediately impulsed downwards.
From my bias I would like to see GJ take out the internal liquidity and enter the green zone from where it can then drop.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose and this type of speculative trading can result in loss and/or profits.
We took out liquidity with an impulse move up and then immediately impulsed downwards.
From my bias I would like to see GJ take out the internal liquidity and enter the green zone from where it can then drop.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose and this type of speculative trading can result in loss and/or profits.
Trade attivo:
Entry hit and we dropped 80 pips. WOW