GBPJPY: A WAVE OF HOPE FOR THE BEARS
Analysis of #GBPJPY
We are in an overall BULLISH trend, the S and R lines structured on the chart, Price would find its way to the top of the resistance and give in some retracements for the BEARS too.
We should be looking to go short once price comes to the resistance points(blue and red arrows) and doesn't break out above.
Now Long, we hope to go short once it gets to our resistance
GBPJPY
Best of luck.
We are in an overall BULLISH trend, the S and R lines structured on the chart, Price would find its way to the top of the resistance and give in some retracements for the BEARS too.
We should be looking to go short once price comes to the resistance points(blue and red arrows) and doesn't break out above.
Now Long, we hope to go short once it gets to our resistance
GBPJPYBest of luck.
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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.
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.