GbpJpy - Manipulation Point Trading

Bias: Long

Market Cycle: 2

GJ is in cycle phase 2, Monday was a daily SR and a full retracement on the daily PA followed by yesterdays full ADR move to the upside.

163.11 and 162.83 are both levels within our permitted retracement area to look for longs.

Price will eventually target the imb from 28th Feb,