GBPJPY - Can We See Further Selling Pressure?
Hi Traders. About two weeks ago and early this week, i called multiple selling opportunities on the counter JPY pairs, I will link it down below if you want a quick recap.
The main reason why I started to look for short opportunities on GJ was the congestions and failure to create higher high at 167.30.
Then the follow through was a strong break below 165.80 - 166 key S&R structure.
As long as price stays below 166 I will personally still be looking for short opportunities as price is already forming lower high lower low sequence.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
The main reason why I started to look for short opportunities on GJ was the congestions and failure to create higher high at 167.30.
Then the follow through was a strong break below 165.80 - 166 key S&R structure.
As long as price stays below 166 I will personally still be looking for short opportunities as price is already forming lower high lower low sequence.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
