GBPJPY - waiting for confirmation
Technical Analysts: GBPJPY has just formed a H&S pattern and is now coming back to retest it. A sell will be confirmed by a bearish candlestick structure.
Smart Money Traders: Unmitigated supply could be the best place to sell. Be aware of liquidity above retail H&S. Heavy volume indicating a drop in price in the near future. Looking for some Wyckoff entries on the 1M.
Smart Money Traders: Unmitigated supply could be the best place to sell. Be aware of liquidity above retail H&S. Heavy volume indicating a drop in price in the near future. Looking for some Wyckoff entries on the 1M.
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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.