GbpJpy-Formation
1-hour setup with a Shoulder-head-shoulder formation in alignment with strong 200 sma. Restiance.
And a 50% Fibonacci retracement close to entry. Looking for a retest then a bearish move, towards target1.
And a 50% Fibonacci retracement close to entry. Looking for a retest then a bearish move, towards target1.
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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.