GBPJPY CPI anticipation SELL
Updated
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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