Looking at GBPJPY we broke through a 4H zone on the last bullish run. Will looking at a LPT short back to the 4H zone approx. 70 pip move. Once we reach the zone we'll be looking to go long after we reach the zone.
Commento:
Price gave us a nice reaction reaction off of our 4H zone creating a nice long wick giving a decent 150+ pip move down. This also opened the opportunity hop on with the next bull run before potentially pushing through 168.00.