GBPJPY CPI anticipation SELL
CPI approaching us in just over an hour.
Structure made, price will likely continue to consolidate prior to the breakout.
I am anticipating a sell.
Ideally we want a BR below the local support.
However a sell stop prior to news release will be sufficient.
Structure made, price will likely continue to consolidate prior to the breakout.
I am anticipating a sell.
Ideally we want a BR below the local support.
However a sell stop prior to news release will be sufficient.
Note
A buy stop above the resistance is also a potential prior to news release at 13:30Note
SOLELY, BUY STOPS AND SELL STOPS OUTSIDE STRUCTURE SUPPORT RESISTANCE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.