GBP/JPY Retracing before the Bearish Continuation
🔸DAILY CHART EXPLANATION:
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🔸Price broke the Ascending Channel.
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🔸It did a strong bearish impulse, and now it is making a retracement.
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🔸We are waiting for this retracement to be finished, and for a strong bearish candlestick that confirms the vision.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 WEEKLY CHART ANALYSIS:
.
🔸Price broke the Ascending Channel.
.
🔸It did a strong bearish impulse, and now it is making a retracement.
.
🔸We are waiting for this retracement to be finished, and for a strong bearish candlestick that confirms the vision.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 WEEKLY CHART ANALYSIS:
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