GBPJPY - waiting for Price Action to either BUY or SELL

26 jun 2020

GBPJPY - waiting for Price Action to enter a trade.

26 jun 2020

Nota

Support 132.400 needs to be broken on H4 to continue downtrend.
Watch price action on H1.

30 jun 2020

Nota

Price need to break below 131.8 to confirm downtrend.
Watch price action on H1 for a retest once broken.

30 jun 2020

Nota

Price broke up through 133.500
Need to wait for the new high to form before doing anything, then BUY retest

5 jul 2020

Nota

SL triggered, but the pair behaved as expected and broke through 133.500, retested at 133.000 and climbed up.
Could wait for another restest on H1 TF. 134.000 seems to be a relevant level.