GBPJPY Outlook
Daily is currently in a bullish trend and the 4h is now aligning with the Daily timeframe going for that next higher high.
We have now switched from bearish to bullish in the 4h timeframe and we are expecting a new higher low to be formed in order to continue our bullish trend.
we have now some potential levels of demand in discount pricing of the 4h leg in which price could pullback into, filling the inefficiency left behind and sweeping the liquidity laying above our demand levels.
Remember, always trade the reaction and follow through.
follow orderflow, do not set any expectations.
Let the market do it's thing and follow along.
This is not financial advice.
We have now switched from bearish to bullish in the 4h timeframe and we are expecting a new higher low to be formed in order to continue our bullish trend.
we have now some potential levels of demand in discount pricing of the 4h leg in which price could pullback into, filling the inefficiency left behind and sweeping the liquidity laying above our demand levels.
Remember, always trade the reaction and follow through.
follow orderflow, do not set any expectations.
Let the market do it's thing and follow along.
This is not financial advice.
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