phetolojimmy0

phetolojimmy0

The weekly trend is downwards The daily trend is upwards, price is above the 50% fibs pullback indicating a discount for selling The 4hour trend is downwards. We have a level of resistance on the weekly which is also the weekly's lower high. Price has rejected from that weekly resistance to form a doji candlestick. On the 4hour we have a 38% fibs pullback level...

phetolojimmy0

The weekly trend is downwards The daily trend is downwards The 4hour trend is downwards We have a bearish trendline on the weekly that price is retracing too. On the 4 hour we have a bearish trendline that alines with the 4 hour lower high and the weekly bearish trendline And we have seen an increase interest rates and positive NFP result on fundamental analysis

phetolojimmy0

The weekly trend on GBPJPY is downwards. Price is at the weekly lower high and a price rejection of a pin bar is seen on the weekly chart. On the 4hour the trend is a down trend price is retracing on the 38% fibs pullback which is also the 4 hour lower low