GBPJPY is at horizontal resistance where bears once again can show strength.
The rising trend line is a hurdle for bearish trend continuation.
There is a bearish divergence on RSI too.
We need one bearish candle on the resistance to go for short in this pair.
The break below rising trend line will give complete control to bulls. While break below triple bottom will give strength to bears.
Trade your levels accordingly.
The rising trend line is a hurdle for bearish trend continuation.
There is a bearish divergence on RSI too.
We need one bearish candle on the resistance to go for short in this pair.
The break below rising trend line will give complete control to bulls. While break below triple bottom will give strength to bears.
Trade your levels accordingly.
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