GBPJPY - 4H CHART ANALYSIS
Hi everyone,
Please see attached my GBPJPY chart analysis on the 4H timeframe.
As we can see from my other chart analysis which i have tagged the wedge was broken to the downside and we had a big push down close to the key structure area and we now have it slowly making a recovery back to the upside.
With this i would add it to your watchlist and wait for a retest on the key structure area and await pivot candles and run this along side a RSI or stochastic to maybe see if there is any more confirmation on the retest for a push to the upside, if so look for buy entry.
Any likes or comments would be much appreciated people.
Follow for daily chart updates!
DWFX
Please see attached my GBPJPY chart analysis on the 4H timeframe.
As we can see from my other chart analysis which i have tagged the wedge was broken to the downside and we had a big push down close to the key structure area and we now have it slowly making a recovery back to the upside.
With this i would add it to your watchlist and wait for a retest on the key structure area and await pivot candles and run this along side a RSI or stochastic to maybe see if there is any more confirmation on the retest for a push to the upside, if so look for buy entry.
Any likes or comments would be much appreciated people.
Follow for daily chart updates!
DWFX
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