The GBPJPY has been bouncing back & forth between structure with the most recent move being one back into a level of previous structure resistance.
At this level we also have a rising channel along with our RSI going overbought 7 showing bearish divergence.
Targets are taken using a combination of price action analysis, & Fibonacci tools.
If you have any...
Trading video taking a look at a price action pattern called the rising channel & a discussion on how supply & demand principles work in the market.
Your Trading Coach - Akil