GBPJPY 9/7/23

9 de jul. de 2023

GJ showing us it may want lower prices as we shift lower from our last range we created, following this understanding we have we will inky be looking to tap into our unmitigated OB at the high of our swing and then look to follow the bearish structure lower if we have a successful tap in before hand.

Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.

We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!