OANDA:GBPJPY   British Pound / Japanese Yen
After completion of the Head and Shoulder pattern, the counter GBPJPY is experiencing a double bottom . A Double bottom is a strong chart pattern for a bullish trend . Today the counter broke out the peak price (136.00) of the double bottom and started moving upwards therefore long is more preferable for this counter.


It dropped till 132.023, for a long time yes it will go up but for few hours it will come back to its previous resistance then break through it till upside.
again it droped down
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