做空

GBPJPY SELLS!!!

This pair comes off as very confusing at first but with steady focus in this analysis i honestly feel its going to melt this new month come Monday not only because of my analysis but with updated world statistics on how bad economy in world and England is doing due to the COVID-19 i'd support my analysis by using this research as more of a confirmation.Anyways price has successfully respected my monthly supply zone so at this point id be looking for trend reversal sticks on my 60-240 minutes time frame to support my monthly sell bias .Also my 200 EMA is above price meaning sellers are in overall control along with my stochastic RSI on the oversold area or at least heading to it but based on experience with the market and bank manipulation over the weekend in other for buyers to take profit i expect to see price opening above my golden/yellow zone(wedge and mini- resistance) but not breaking above the overall resistance because as you would see on the chart to the red arrows price or sellers held that area from buyers multiple amount of times so if price doesn't break that resistance id be looking for sell opportunities so those are my condition or rules i'm setting for the market along with my thought process on my sell analysis.Along with using of risk management this is not a recommendation or advice its just my analysis on how i'm trading this pair .Please encourage this analysis by following and leaving a like thank you and good luck .