This is GBPJPY on the 1H timeframe presently trending upward and was complemented with a trendline, and an inner trend was also spotted pushing upward to a supply zone forming a confluence with a fibs retracement of 61.8% for a possible SELL


WE REACT TO WHAT WE SEE


WATCH OUT

1. Bearish candlestick activation on the supply zone
2. Market Behavior (for validation or invalidation)
3.61.8% Fibs confirmation
4. Patience



Kindly, like, comment your thoughts, and follow for more content🙏
GBPJPYgbpjpyshortTechnical AnalysisTrend Analysis

Also on:

Disclaimer