GbpJpy seems to have lost Downward momentum as we slightly broke the 78.6% fib Monthly.
We are trading in a critical zone of 2 other bottoms that failed to break on the Monthly.
On the 4hr I spot an inverted head and shoulders.
* Trade is active as long as no higher low is taken out and neckline breaks.
We are trading in a critical zone of 2 other bottoms that failed to break on the Monthly.
On the 4hr I spot an inverted head and shoulders.
* Trade is active as long as no higher low is taken out and neckline breaks.
Trade closed: target reached:
Target Reached!