☑️GBP_JPY is very bullish at the moment
However, the pair has reached a strong resistance level
Which you can see on the 3 day chart on the left, which is a bearish signal.
Then, on the 3h chart on the right you can see a rising wedge pattern formed
Which is a bearish sign for us as well!
Therefore, we can expect a pullback from the strong level+pattern
Which is why we are waiting for the breakout of the wedge for confirmation
And then we will short the pair with 3 targets in sight!(IF breakout happens)
SHORT!↘️
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Note
Target 1 reached!
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✅ FREE Telegram channel: t.me/prosignalsfxx
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ REVIEW OF MY CHANNEL: telegramsignalsreviews.com/
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ REVIEW OF MY CHANNEL: telegramsignalsreviews.com/
✅ My Website: prosignalsfx.eu/
Related publications
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.