GBPJPY - Big SHORT
Updated
We have been focusing on JPY for a while now and after the spike last week, we may be seeing a reversal finally happening. GBPJPY appears to be in the perfect place to reverse (see bigger timeframe chart below).
For confirmation, will wait for a break of the ascending correction.
Good luck and trade safe!
For confirmation, will wait for a break of the ascending correction.
Good luck and trade safe!
Note
Major Descending Trendline +
Channel Resistance
+
Reversal Pattern near major trendline
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