GBPJPY Inside Set Up - Break to `98
The last 5 candles are of interest
1. Thurs 15th August - we have a bullish trending candlestick , which is the Mother bar
2. Fri 16th August - prints an inside bar
3. Mon 19th August - is a Fakey , with a bullish pin bar that fails to break to the downside. This is a false break or bear trap.
4. Tues 20th and Wed 21st - pretty much mirror image inside bars.
5. Today is setting up so far with a bullish trending candlestick.
The scenario is for a break of the Mother bar to the upside. Retest and then rally to the immediate daily Supply Zone of 198.00
1. Thurs 15th August - we have a bullish trending candlestick , which is the Mother bar
2. Fri 16th August - prints an inside bar
3. Mon 19th August - is a Fakey , with a bullish pin bar that fails to break to the downside. This is a false break or bear trap.
4. Tues 20th and Wed 21st - pretty much mirror image inside bars.
5. Today is setting up so far with a bullish trending candlestick.
The scenario is for a break of the Mother bar to the upside. Retest and then rally to the immediate daily Supply Zone of 198.00
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.