Please refer to my previous Idea of 21st January 2024
Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week.
My plan for this week is: 1. Look to sell GBPJPY until it moves towards demand zone (My profit target).
2. Buy GBPJPY after a good confirmation if it is unable to break structure and target supply zone (My profit target).
Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week.
My plan for this week is: 1. Look to sell GBPJPY until it moves towards demand zone (My profit target).
2. Buy GBPJPY after a good confirmation if it is unable to break structure and target supply zone (My profit target).
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