Long GJ
Gbpjpy has been on a Bearish outlook for a couple of months now.
It has shown a slight shift in momentum from shorts to bulls in the recent week.
If gbpjpy manages to break and Close Impulsively above STR Zone then I will be more than confident in taking long positions.
Gbpjpy has shown multiple confluences such as a Bullish flag and a Inverse Head and shoulders that has a decending nature Neckline.
Neckline has multiple rejection on it showing Psychological Strength but I seems as we read the candlesticks we see a Slowing in Momentum.
It has shown a slight shift in momentum from shorts to bulls in the recent week.
If gbpjpy manages to break and Close Impulsively above STR Zone then I will be more than confident in taking long positions.
Gbpjpy has shown multiple confluences such as a Bullish flag and a Inverse Head and shoulders that has a decending nature Neckline.
Neckline has multiple rejection on it showing Psychological Strength but I seems as we read the candlesticks we see a Slowing in Momentum.
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