GBPJPY Outlook for the Day!
THE FLIGHT: Weekly candle had close with a bullish momentum candle.
Target: I am predicting that price will retrace to the Daily swap zone (RBS), H4 buying breakout zone, & lower time-frame buying continuation.
Action: We start off with the buy until price shows a reversal. Once a selling confirmation is present.. we will change directions.
THE FLIGHT: Weekly candle had close with a bullish momentum candle.
Target: I am predicting that price will retrace to the Daily swap zone (RBS), H4 buying breakout zone, & lower time-frame buying continuation.
Action: We start off with the buy until price shows a reversal. Once a selling confirmation is present.. we will change directions.