GBPJPY analysis - inside bars at h4



chart h4 - 10.24 am Malaysia
inside bars at h4
indicates market indecision
breakout might occur either way...
will wait for a full h1 candle to form outside the S/R levels before deciding on next course of action 
UPDATE:



chart h1 - 1.40 pm Malaysia
price is testing the support at 137.15
should the support broken, price might hit 133.20..
went short early as the blue trendline broken...
impatient me... =))
already moved SL to +1 [-o< 

5.00 pm - price went down to 136.50
7.00 pm - choppy price action, stopped at +10
3.00 am - sell again at 136.62 as price was rejected by the resistance
          already moved SL to +5
          let's pray the beast keep going down [-o<

0 comments:

Post a Comment

You are welcome to post comments. However, please do not use Anonymous as your ID. At least, put in your initials for easy reference in further conversations.

Subscribe to: Post Comments (Atom)