The "Dragon" GBPJPY flys during NYC session. Do not trust the dragon ever!
Acct. #53408 The "dragon" was very wild during NYC today. GBPJPY still gave a bit to Jake Gibson. The chart is used as a lesson for moving take profits and accepting a small win. Zone consumption is clearly shown M30. Also a reminder that fresh zones on LTF's often fail so know the price direction from Weekly or higher. Next, we share the weekly chart with a clearly bearish candle formation of double pin rejections followed by bearish engulfing So far this week we have retracement. The evidence of imbalance cries for price to come to that level at least before return to 151 or higher.
