GBPJPY- Zero line reject
It has formed a zero-line reject pattern in CCI (50). CCI bounces off of or near the zero-line (ZL). GBPJPY also shows a double top around 169.10. It is good to sell on rallies around 168.28-30 wit hSL around 169.10 for TP of 165.05
Note
GBPJPY showing a major weakness, a dip to 165 is possible
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.