GBPPY 1hour Analysis November 30, 2020
GBPJPY Short Idea
A key monthly level at 139.8 is acting as strong resistance and possible double top. Price has broken the 1h structure and starting to form a LH around the 200MA on the 30min timeframe. Wait for price to break below 139 for stronger short confirmations.
A key monthly level at 139.8 is acting as strong resistance and possible double top. Price has broken the 1h structure and starting to form a LH around the 200MA on the 30min timeframe. Wait for price to break below 139 for stronger short confirmations.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.