GBPJPY analysis for upcoming moves.
Updated
After hitting a important POI zone shows some reaction on downside but this zone breaks with bullish move.
I specifically wait for choch bt thers no choch.
Bulls are aggressive to long the currency.
So possible buying high POI zone marked on chart.
I specifically wait for choch bt thers no choch.
Bulls are aggressive to long the currency.
So possible buying high POI zone marked on chart.
Trade active
Entry on 165.611Sl 165.553
Market giving choch on marked poi zone
Then taken out inducement.
I enter
Trade closed: stop reached
Wait for 164.738 zone market create equal low liquidity.Market takes all liquidity then gives original move dont buy above 164.738
Thers trap market creates.
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