GBPJPY Outlook for the Day!
MASSIVE DROP: Daily closed with solid bearish rejection candle, I predict it will be a sell because price is at H4 resistance & H1 selling breakout zone.
Target: I am predicting that price will retest the sell until Daily & H4 support.
Action: We start off with the sell until price shows a proper buying structure. When it reaches the H1 buying breakout, we will continue buying on the lower timeframe.
MASSIVE DROP: Daily closed with solid bearish rejection candle, I predict it will be a sell because price is at H4 resistance & H1 selling breakout zone.
Target: I am predicting that price will retest the sell until Daily & H4 support.
Action: We start off with the sell until price shows a proper buying structure. When it reaches the H1 buying breakout, we will continue buying on the lower timeframe.