GbpJpy | Are the Brexit woes over?
Weekend: Weekly closed massively bullish after Brexit news 2 days in a row to end the week. Structure itself is quite bullish as well. From a very high perspective I'd like to see GJ come back to 135.20 or so before attempting to move towards 140.00. Also it is important to note that price never broke the supply surrounding 137.50 from a higher timeframe perspective.
Today: Price closed bearish on the day. We have generous wicks on both ends but more exhaustion on the seller side. Assuming price breaks 138, this ascension may continue towards 140. Also from a daily perspective we retested our breached supply. My next area of interest to buy is around 136.50
Today: Price closed bearish on the day. We have generous wicks on both ends but more exhaustion on the seller side. Assuming price breaks 138, this ascension may continue towards 140. Also from a daily perspective we retested our breached supply. My next area of interest to buy is around 136.50
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