GBP/JPY [Time to sell]
In my post earlier I described 2 models of the situation on GBP / JPY
1. Bounce from the channel's level / boundary (the model of the ascending movement)
2. Breakdown of the channel's level / boundaries and price fixing is lower (downward motion model)
Obviously, we see on the graph option № 2
I recommended looking for an input into the purchase from the retest level (which we are now observing),
therefore, it's time for sales ...1st target - level of 144.650 second target - level 139.420
P.S. I apologize for the grammatical errors. English is not my native language.
1. Bounce from the channel's level / boundary (the model of the ascending movement)
2. Breakdown of the channel's level / boundaries and price fixing is lower (downward motion model)
Obviously, we see on the graph option № 2
I recommended looking for an input into the purchase from the retest level (which we are now observing),
therefore, it's time for sales ...1st target - level of 144.650 second target - level 139.420
P.S. I apologize for the grammatical errors. English is not my native language.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.