GBPJPY BUY and SELL Opportunites
SELL
All analysis on 4H
If price breaks the ascending wedge look for a SELL long term to Monthly Support at 126.643.
Could possibly be opportunities for buy/sell while price bounces around trend line/ in wedge, until price actually breaks out.
Confirmations:
*Down arrow on 4H
*Price is below the cloud
*Price is below the 50MA
*Price is below middle BB on 1HR
BUY
If price breaks the ascending wedge look for a short term BUY to Daily Resistance at 144.652
Confirmations:
*Green arrow on daily
*Price is above cloud
*Price is above middle BB on Daily and 4h
All analysis on 4H
If price breaks the ascending wedge look for a SELL long term to Monthly Support at 126.643.
Could possibly be opportunities for buy/sell while price bounces around trend line/ in wedge, until price actually breaks out.
Confirmations:
*Down arrow on 4H
*Price is below the cloud
*Price is below the 50MA
*Price is below middle BB on 1HR
BUY
If price breaks the ascending wedge look for a short term BUY to Daily Resistance at 144.652
Confirmations:
*Green arrow on daily
*Price is above cloud
*Price is above middle BB on Daily and 4h
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