GBPJPY Short term

17 maj 2016I have identified two supply levels (158.788 - 159.141) & (162.054 - 162.598) on 30m chart. In my opinion price might go a little deep into the level before turning and going lower. For the higher level, obviously there is going to be a while before price hit that level, however, I think there is going to be a potential TP of about 300 pips.

17 maj 2016

Kommentera

Based on Daily Chart, the sentiment is down with a set up, meaning a trade can be placed at the lower level indicated.

25 maj 2016

Kommentera

Price just hit our zone lets see how it works out.