GJ too legit to quit
A few opportunities to jump on the bulls back on GBPJPY. Overall, my bias is still bullish even though the Monthly key level was respected last trip up to 156-158 zone. Weekly support was consistently rejected with several tests. Dropping down to daily GJ showed a double bottom, engulfings and morning stars all in here. Even an inverted head and shoulders that began forming higher low (HLs). So, my technical analysis permitted trendlines which showed an ascending triangle pattern. A 4H candle formed at 5am confirmed bulls in power breaking the 150.70-.80 zone Thank you.
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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.