GBPJPY Mapping 3-Oct-2022Direction• For bigger time frame Monthly & Weekly, price still in uptrend movement.
• Confirmation Trend or Direction:Weekly candle (Bullish Engulfing) & break out the weekly resistance with drastically movement
Position Entry (Target for Buy Position)• Wait for the reaction I mark in (blue zone). Each zone marked is the significant zone for support & resistance
• Monitor the price action, chart pattern at the lower time frame for confirmation to entry continous buy entry
• For temporary, Rashad will monitor the area Support Zone (S2) & Resistance Zone (R2), as I can see, current market movement strongly on bullish movement.
• However, the most important is, wait for the confirmation before entry the position
