Comment on Daily GbpJpy
Price is now clear inside a dinamic area. A few more bars with high volume. But no clear direction. We had clear Sonic Classic Setup. And despite the high volume on down bars, i don't spot yet signs of reversal to the up side (long term). But i expect a small retrace to 89line or dragon to have a short re-entry. If that happens i will target first to 175.3 then 173.5.
Keep in mind that we never know where the price is going to. Let's see.
Price is now clear inside a dinamic area. A few more bars with high volume. But no clear direction. We had clear Sonic Classic Setup. And despite the high volume on down bars, i don't spot yet signs of reversal to the up side (long term). But i expect a small retrace to 89line or dragon to have a short re-entry. If that happens i will target first to 175.3 then 173.5.
Keep in mind that we never know where the price is going to. Let's see.
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