GBPJPY - 4-hour Best Fit Pitchfork
4-hour Best Fit Pitchfork on GBPJPY. A perfect touch of the lower parallel. The median, while no to the pip touches, does appear to be a consolidation zone. There is also a nice touch of the upper parallel with the turnaround confirmed by TAB29. This pitchfork is one to keep an eye on for future trade opportunities.
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.