GBPJPY: Time for Bulls to shine

2020-03-08 18:24:14

What first got my attention of this pair is the daily ultra high volume , last seen only in Jun 19. After 2 weeks of strong Bearish move, the Bulls might be awoken!! Dropping down to H4, it clearly shows bulk of the daily high volume are traded in the last 3 up move bars. I think that says a lot about the conviction of the Bulls. Certainly going LONG on this pairs in the coming week.

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

PRICE ACTION only tell half the story. The other key half is VOLUME . For VOLUME drive price.