MGRAELBA

LONG

Long
MGRAELBA Aggiornato   
FX:GBPJPY   Sterlina / Yen giapponese
I think it can be a long position with a short reward. The price seems to have found support on the weekly chart. It also has a bearish trend line fulcrum on the daily chart. In the two-hour chart it offers us the formation of a wedge pattern and now it is making the return to the support area. It is only a technical analysis. Then the price will do what it has to do. Everything is probabilities.
Commento:
sorry because I have written fulcrum, I wanted to say the following:

the price rests on the downtrend line of the Daily chart.
Commento:
I think it is going to take me out with the stop loss.
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