This is GBPJPY on the 1hr timeframe, Price movement ended with a range
Price got rejected from a psychological key level of 165.000 and a broken low
We have price currently trapped in an ascending channel as seen on the chart
WILL PRICE PUSH UPWARD for a correction before selling OR BREAK ABOVE FOR A BUY ???
WE REACT TO WHAT WE SEE
WATCH OUT
1. Correction push to 165.000
2. Price action
3. Market Behavior
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Price got rejected from a psychological key level of 165.000 and a broken low
We have price currently trapped in an ascending channel as seen on the chart
WILL PRICE PUSH UPWARD for a correction before selling OR BREAK ABOVE FOR A BUY ???
WE REACT TO WHAT WE SEE
WATCH OUT
1. Correction push to 165.000
2. Price action
3. Market Behavior
Kindly like, comment and follow for more content
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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.