GBPJPY SELL Possible 300 PIPS
Head and shoulders pattern formed on H4 and H1. Price has already broken the neckline and is making a retest as of typing this.
Good opportunity to sell for 300 Pips (based on the height of the top of the head to the neckline. So that's around 133.370. But I would personally take TP at around 134.50 and see where it goes.
This is just my analysis, not a trading advice. Good luck.
Good opportunity to sell for 300 Pips (based on the height of the top of the head to the neckline. So that's around 133.370. But I would personally take TP at around 134.50 and see where it goes.
This is just my analysis, not a trading advice. Good luck.
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.