Nas100 provided a strong rally during London session taking out the previous daily high, capturing liquiduty and retaced into if a fair value gap during the New York Killzone. Trade was executed at about 10:45 AM and closed out by noon for a total of 100 points
Looking for Upside Movement to break the last high that was set during the accumulation phase on the 4 Hr chart. The last high the broke structure indicates a willingness to go bullish and set new highs. Price is currently retracing to grab the liquidity that was set below the 0.6750 area which is why my entry is at 0.6712. Price should look to capture liquidity...
GBPJPY has been setting up for its continuation of its retracement on a Larger tine frame. The current order flow of the market is bearish but I suspect that it will continue to fall until it reaches the 152.00 -151.00 range to continue its bullish run to the 160.00 Area