GBP/JPY ready to shoot the lights out to 205.86
Potential Falling Flag has formed along with a Potential Cup and Handle
We do need the price to break above the brim level and we need the price to break above 20MA and the 200MA for it to be a high probability trade.
Fortunately, we have had the confirmed Downtrend line broken (which gives the furst action level).
THe first target up will be at 205.86
We do need the price to break above the brim level and we need the price to break above 20MA and the 200MA for it to be a high probability trade.
Fortunately, we have had the confirmed Downtrend line broken (which gives the furst action level).
THe first target up will be at 205.86
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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