Pair Name : GBPJPY
Time Frame : 1HR
Scale Type : SMALL
Price has broken structure to the downside on the 1 min and 3 min and is now trading at a 4hr RESISTANCE area and has had a false break above the previous 4hr high
Reason for trade
ASIA SESSION HIGH LIQUIDITY WAS TAKEN
Imbalance to be filled
Price trading at 4hr resistance & a false break above, the previous 4hr high
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
Time Frame : 1HR
Scale Type : SMALL
Price has broken structure to the downside on the 1 min and 3 min and is now trading at a 4hr RESISTANCE area and has had a false break above the previous 4hr high
Reason for trade
ASIA SESSION HIGH LIQUIDITY WAS TAKEN
Imbalance to be filled
Price trading at 4hr resistance & a false break above, the previous 4hr high
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!