Gbp vs Jpy 1H, 4H & Daily Pre-Market Overview
Chart 1H - I believed market in the retracement phase to complete wave 4. So I divided into 4 level of zones which is :-
a) Green Zones - Bullish Continuation Zones
b) Purple Zones - Retracement Zones
c) Maroon Zones - Bearish Bias Zones
d) Red Zones - Bearish Continuation Zones
So please watch closely all this zones and whenever the price approaching each zones. Please wait for a complete signal from BSTS either for a bearish bias signal or bullish bias signal.
Chart 4H - Same thing with chart 1H, I believed market in the retracement phase to complete wave 4. Also I divided into 4 level of zones which is :-
a) Green Zones - Bullish Continuation Zones
b) Purple Zones - Retracement Zones
c) Maroon Zones - Bearish Bias Zones
d) Red Zones - Bearish Continuation Zones
Please study both counts and all the critical lines stated in the given chart.
Chart Daily - Its very important for you to understand both counts in this charts. Same thing with chart 1H & 4H, I also divided into 4 level of zones which is :-
a) Green Zones - Bullish Continuation Zones
b) Purple Zones - Retracement Zones
c) Maroon Zones - Bearish Bias Zones
d) Red Zones - Bearish Continuation Zones
Please study both counts, their respective trendlines and all the critical lines stated in the chart given. Please do your homework, trading strategy and the checklist for next week market. And please wait for a complete signal from BSTS before making any entry. Good luck and have a nice weekends.