GBPJPY Waiting below target for Long
Prev weekly candle strong Bullish then close below area Strong SNR.
Daily Thursday and Friday candle form small candle with slightly long wick remain at above after strong Monday Tuesday and Wednesday Bullish candle, sign of Buyers depletion at SNR.
in view of last Jan candle form spike low then on Feb cndle form solid Bullish candle, this give an idea to cont the buy position.
This happen prev on April 2015 (spike low) May 2015 (Bulilish) then follow by spike high bullish.
Daily Thursday and Friday candle form small candle with slightly long wick remain at above after strong Monday Tuesday and Wednesday Bullish candle, sign of Buyers depletion at SNR.
in view of last Jan candle form spike low then on Feb cndle form solid Bullish candle, this give an idea to cont the buy position.
This happen prev on April 2015 (spike low) May 2015 (Bulilish) then follow by spike high bullish.
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