GBPJPY - Pullback Trade
High probability pullback to some upside.
The bright-green EMA has drifted very far away from the bright-red EMA; as such, the green may like to drift closer to the red once again (taking price upwards)... If it should continue to a crossover, then the price action can become very bullish...
The MACD has crossed-over (preparing to go to some upsides from here).
Whether or not the price will make another down-move later on (dark gray arrow) is uncertain; but just be prepared that it might happen...
Just see the chart...
Best regards.
The bright-green EMA has drifted very far away from the bright-red EMA; as such, the green may like to drift closer to the red once again (taking price upwards)... If it should continue to a crossover, then the price action can become very bullish...
The MACD has crossed-over (preparing to go to some upsides from here).
Whether or not the price will make another down-move later on (dark gray arrow) is uncertain; but just be prepared that it might happen...
Just see the chart...
Best regards.
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