Technically we are entering into a new weekly upswing (early days) which is also moving in the same direction as the monthly, plus daily is moving in the same direction so will be buying daily dips and entering on 4H.
First target 2439 previous daily high and if that breaks gbpusd will be trending towards 1.3257 over the next few weeks/months
Interesting to note USDPJY may be in for a big fall towards 109 over the next weeks or months. Current weekly upswing looks like a correction in the monthly downswing, if i can get an entry from the daily around 136.50 , i will sell heavily and hold, this kind of opportunity does not present itself very often.
My views here are my own personal opinion and not trade recommendations for anyone else
First target 2439 previous daily high and if that breaks gbpusd will be trending towards 1.3257 over the next few weeks/months
Interesting to note USDPJY may be in for a big fall towards 109 over the next weeks or months. Current weekly upswing looks like a correction in the monthly downswing, if i can get an entry from the daily around 136.50 , i will sell heavily and hold, this kind of opportunity does not present itself very often.
My views here are my own personal opinion and not trade recommendations for anyone else
Follow The Markets Structure - Patience and Discipline
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