GBP/JPY - 15/03/2022
H4 Timeframe
Bullish momentum continuing, could the market be over-extended? Maybe. But as long as the market is presenting me bullish structure I will be looking for the buys until it tells me otherwise.
M15 Timeframe
Have a 3 tapped support here holding nicely. Not enough confirmation for me to enter this trade at the momentum but I will be looking for the continuation up to the immediate high
Plan of Action
If we can get a few more wick rejections from this support and a strong bullish momentum candle then I will be looking to enter a buy in the market
GBPJPY
Bullish momentum continuing, could the market be over-extended? Maybe. But as long as the market is presenting me bullish structure I will be looking for the buys until it tells me otherwise.
M15 Timeframe
Have a 3 tapped support here holding nicely. Not enough confirmation for me to enter this trade at the momentum but I will be looking for the continuation up to the immediate high
Plan of Action
If we can get a few more wick rejections from this support and a strong bullish momentum candle then I will be looking to enter a buy in the market
GBPJPY
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