[LONDON SESSION IN LONDON] GBP JPY INTRADAY BEARISH TREND

4 lut 2023

GBPJPY PEAKED AT 171 3 months ago and has been in a bearish trend ever since. on this trade i watched price break its support level of 160 and make a lower low @158.90. my first sell entry position was 159.532 held to 159.401. on a 10 lot thats $1,016.70. my psychology was thrown off when London session opened and bullish pressure within minutes pushed price to retest my counter trend. price eventually fell anyways. my sellers bias is still being held till we hit an institutional candle @151.859