GBP JPY LONG
Updated
From the 4 hr , a downward trend is seen , in confluence with the daily
Going to the one hour , price broke above 152.340 and forming a resistance at 152.340
Two plans can be made , if the 9.00 30 min candle closes above the resistance region and on the 15 min , the 9.30-9.45 min candle closes bullish then we can anticipate a long towards 152.550
If it loses below , then a long is invalid then we may look for shorts around 152.300 area
Going to the one hour , price broke above 152.340 and forming a resistance at 152.340
Two plans can be made , if the 9.00 30 min candle closes above the resistance region and on the 15 min , the 9.30-9.45 min candle closes bullish then we can anticipate a long towards 152.550
If it loses below , then a long is invalid then we may look for shorts around 152.300 area
Order cancelled
trade idea invalid because 9.30 15min candle closed bearish
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