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Break and Retest of G/J Previous Resistance
British Pound / Japanese Yen
Long
Break and Retest of G/J Previous Resistance
By brianfj
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yesterday
4
2
2
yesterday
Thesis: Waiting for displacement &
retest of structure / previous resistance
Notes: Wait for Strong Price action W/ Candle stick confirmation
... look for possible RSI Divergence
Daily: Consolidation (Bullish Entry)
Price hasnt broken HH or HL. support formed at 197.021
H4: Bearish ( waiting for HL to form to confirm
Bullish MSS)
H1: Bullish ( price has broken and retested previous LH)
Chart Patterns
Trend Analysis
brianfj
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