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Wohlstandfx

GBPJPY - BULLS ON

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
Wohlstandfx  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Forex forextrading investment reports brokerage
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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.

Comments

Shoaib811
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.
Reply
runishkumar98
again it droped down
Reply
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