GBPJPY updated trendline for potential shorting next week
Updated
Previous trendline was violated. So this one is plan B. I would wait for Price Action at the shaded zone to see any reversal pattern OR continuation pattern, but somehow the climbers gotta rest right? lol
Current trend is still a strong BUY. Whichever side you are in, if you know your exit point and stop point, you're good.
Current trend is still a strong BUY. Whichever side you are in, if you know your exit point and stop point, you're good.
Note
The pair just rejected a Weekly Trendline (drawn same as this one but connecting Weekly closing Tops) at level 149.417 which is 50% up of yesterday's movement. For now, I'm looking at 150.200 for potential touch and drop.
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