GBPJPY Analysis (3rd May 2024)

3 במאי

GBPJPY Analysis

Currently on the 15 minute timeframe, price is still respecting the 15 minute bullish OB. If price decides to go bullish and break 192.555 with a body candle close, Longs are more likely to play out.
I would like to see retest of that level before continuing to look for buys.

On the flipside, if price breaks the 15 minute OB with a body candle close, i will be waiting for a retest to continue lower. Confirmations of 5 minute FVG and OB will be needed in order for me to take sells.