GBPJPY: Your Trading Plan For Today 🇬🇧🇯🇵
Hey traders,
GBPJPY is approaching a very peculiar zone of confluence on a 4H:
we see a perfect match between a horizontal resistance, falling trend line
and fib.retracements of the last two impulses.
To catch a bearish move from the underlined zone,
wait for a breakout a bearish flag pattern.
You need 4H candle close below its support to confirm that.
Then a bearish continuation will be expected at least to 156.55 level.
If the price breaks the blue zone to the upside,
the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.