GBPJPY

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This is a possible scenario that could play out as long as the 50 ema holds on the 4hour we are still on downtrend and making new Lower low. If you take out your fibs you would see that on that 4hour resistance is also a 38.2 fib. The best place to buy could be on target 1 or 2 only if there is any reversal signs on the candle sticks, I would take profit on the sell and take a buy based on the trendline channel and we could possibly take out the LH's.

٢٩ يونيو ٢٠٢١

ملاحظة

TP 1 just got smashed !!