GBPJPY SHORT:
Two strong resistance levels
Fib Level aligning with resistance = very difficult level for bears
RSI VERY VERY OVERBOUGHT
MACD also reaching end of bullish trend
However, if pair closes above 143 in the next few days, I would consider it as a clear break and will look for LONG
Good luck
Two strong resistance levels
Fib Level aligning with resistance = very difficult level for bears
RSI VERY VERY OVERBOUGHT
MACD also reaching end of bullish trend
However, if pair closes above 143 in the next few days, I would consider it as a clear break and will look for LONG
Good luck
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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.