GBPJPY made a higher high on H4. It might end the corrective wave on 61.8% Fibonacci retracement. It can also retrace until 80% zone before bouncing again.
RSI is showing a bullish divergence signal.
I am waiting for inflation rate YoY, BoJ interest rate decision and a bullish candlestick pattern on one of the important Fib levels to confirm my entry.
Goodluck,
Joe.
RSI is showing a bullish divergence signal.
I am waiting for inflation rate YoY, BoJ interest rate decision and a bullish candlestick pattern on one of the important Fib levels to confirm my entry.
Goodluck,
Joe.
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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.