Brief update of the chart Gbp/jpy. I watched the chart carefully and reaction as well, I am bit busy today so did not update the Live chart. But the idea has been posted with a view what was expected. We saw imbalance disappearing from the chart and effort was made to rise and it could be a liquidation break but if you watch the chart properly. It already had disappeared yesterday and confirmation was made with the test of supply area I mentioned in the box and rejection from there was first confirmation and If you are good enough of managing your trade, then this was a good Intraday reversal Chart. Just an routine update is being posted. Any Comments will be answered or drop an email for further explanation.
For Update Check my earlier post here---
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