Apex_Gregg

GBP JPY in the zone

FX:GBPJPY   英鎊 / 日圓
143.581 - 143.379 is a lovely zone, you can see where price entered it and bounced bearishly ( to the downside, orange arrows ) and bounced bullish ( to the upside, purple arrows )

You can see the importance of this area, its like a sh#t city, nobody wants to stay or live there but you have to pass through it to get to where you want to go.... The candles are the same, they don't want to stay in this area because as soon as they enter this area they exit again.

We will be placing some SELL orders around this area as price will respect this zone or area again sometime in the near future.... You always have to stay 1 step ahead of the market.
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