GJ 2 The Moon: Buy Position 🌕 (Update)

GBP/JPY At first i took a sell position for the continuation of current bear trend but i noticed that price is forming bullish structure and zoomed out to a higher timeframe to see that price is being respected on a larger scale. So i closed sells at 159 price,163 is now the new target.

تعليق:

Take note the overall structure is still bearish. and this is a retracement buy. If it doesn't go 163 then 161-162 at minimum before selling again.