This is GBPJPY on the 1H timeframe, Price broke out from a falling wedge as spotted in the chart.
Price also broke a high of 163.600 and presently retracing downward for a possible retest of the last broken high before a BUY continuation (IMPULSE)
WE REACT TO WHAT WE SEE
WATCH OUT
1. Retest of the last broke high
2. Price action candlestick
3. Market behavior
4. Patience
Kindly, like, comment your thoughts, and follow for more content🙏
Price also broke a high of 163.600 and presently retracing downward for a possible retest of the last broken high before a BUY continuation (IMPULSE)
WE REACT TO WHAT WE SEE
WATCH OUT
1. Retest of the last broke high
2. Price action candlestick
3. Market behavior
4. Patience
Kindly, like, comment your thoughts, and follow for more content🙏
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.
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.