GBPJPY Price Study

Hey guys,

Please refer to the illustration for the price action study of GBPJPY’s typical move around London Session. Notice a sweep above the Asia Session range, Engulfing PA formation, bearish BOS, retracement to our favoured fib zone and mitigating the imbalance then BOOM 2x full symmetrical move.

Take a look at GBPJPY from 2am-3am EST and let me know if you notice the sweeps before a significant move.

Cheers,

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Very interesting…I never got into the M15. I’m curious to see what pattern there could be here.

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