GBPJPY - SHORT analysis
We are having the bounce of the Daily Support Break Resistance,
Good news is we have a Engulfing Candle forming at SBR Level
Plus a slope to show the compression of taking
the liquidity of the Daily SBR.
We have the First W leg formed on the Left.
We are now expecting for price to form the 2nd Leg of the Big W.
To show signs of Reversal.
As of now we will take profit at Key SNR Level,
141.200
Cheers guys
Happy pip-ing
Good news is we have a Engulfing Candle forming at SBR Level
Plus a slope to show the compression of taking
the liquidity of the Daily SBR.
We have the First W leg formed on the Left.
We are now expecting for price to form the 2nd Leg of the Big W.
To show signs of Reversal.
As of now we will take profit at Key SNR Level,
141.200
Cheers guys
Happy pip-ing
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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.
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.