GBP/JPY idea
Longer term bull trend established with a series of higher low/ higher highs created. I believe it has broken out of consolidation since the wicks to the upside on the daily has been consumed.
I will be looking at a pull-back to the daily demand level (grey box area), where I will be switching to a lower time-frame to watch the market structure and look for a long entry signal.
I will be looking at a pull-back to the daily demand level (grey box area), where I will be switching to a lower time-frame to watch the market structure and look for a long entry signal.
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