British Pound / Japanese Yen
Long
Updated

Break and Retest of G/J Previous Resistance

567
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)

Trade active
Trade is good but seeing some resistance at area of interest H4 lvl

Could have gotten a much better entry but price was below the VWAP
snapshot
Trade closed manually
Execution Stalled at H4 Resistance lvl

snapshot

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