British Pound / Japanese YenUpdated GBPJPY potential last push up?
It seems like GBPJPY is getting rejected once more at the bottom of the range, forming a bearish corrective triangle. We could see bulls push price up once more around 135.2 levels, which would give us our E point, in confluance with our 4th support.
If we break the triangle to the downside, the pattern is invalidated.
Let's see where this gets us. In such market condition, I would be hunting a short more than a long.
Good luck all
If we break the triangle to the downside, the pattern is invalidated.
Let's see where this gets us. In such market condition, I would be hunting a short more than a long.
Good luck all
Note
Trade looking good guys
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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.