Gbp/Jpy Short setup!!! Confluence with Cot Data

٣٠ أغسطس ٢٠٢٠

I am still super Bullish on Gbp/Jpy but based on what the market is telling us. we could see a pullback before a continuation. which comes in confluence with the cot data. institution are heavily buying Yen. so we could see a light pullback. to grab liquidity before move to upside.

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٣١ أغسطس ٢٠٢٠

تم فتح الصفقة

we saw price did as i indicated. finding liquidity on a psychological level around 141.000 lol and smaller timeframe we clearly see a shift of momentum to downside

٣١ أغسطس ٢٠٢٠

ملاحظة

structure was broken in lower timeframe. so that could have been your entry lol

٣١ أغسطس ٢٠٢٠

تم فتح الصفقة

this is how i monitor my valid trade setup