GBPJPY 4HR Potential Setup - 14/03/2021
Potential Setup as per snapshot
Bias = Neutral
Option 1 - Price to retrace back to current 4hr structure point, take out liquidity and then continue with bullish momentum.
Option 2 - Price to retrace back to 4hr structure point, break this structure, retest, then continue down with bearish momentum back to the key level, but ideally making a LL
Bias = Neutral
Option 1 - Price to retrace back to current 4hr structure point, take out liquidity and then continue with bullish momentum.
Option 2 - Price to retrace back to 4hr structure point, break this structure, retest, then continue down with bearish momentum back to the key level, but ideally making a LL
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