GBPJPY BUY
What happened? Weekly candle wicks down to 124.00 level it was respected and price rejected support, bouncing out of the 40 week cycle trough.
Whats going to happen? never know but what we know from the cyclic phase analysis is that price is currently in a bullish phase until July 7th where the bearish phase is expected to begin gaining momentum.
Whats happening? Price is currently completing a 80 day cycle (56D) trough. hoping we'll start to see more upside volatility
Whats going to happen? never know but what we know from the cyclic phase analysis is that price is currently in a bullish phase until July 7th where the bearish phase is expected to begin gaining momentum.
Whats happening? Price is currently completing a 80 day cycle (56D) trough. hoping we'll start to see more upside volatility
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.