GBPJPY analysis - choppy price action....



h4 & h1 charts - 1 am Malaysia
today's choppy price action is really annoying...
market moves cautiously... no clear direction yet...
however, engulfing bearish candle has appeared on h4 chart...
downwards move should only be confirmed when the lower trendline at h1 is broken...
better wait.... no need to rush...
:D

UPDATE: at 3 am Malaysia
price went up to re-test fibo 50%(175.65)
will look for another set-up

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