GBPJPY is on a rebound that is approaching the 4hour MA50.
Based on the 1 month Falling Wedge pattern, a rejection is expected, same as January 14th to the 1.1 Fibonacci extension.
This should technically be the bottom buy opportunity to target the 0.5 Fibonacci extension at 190.100.
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Based on the 1 month Falling Wedge pattern, a rejection is expected, same as January 14th to the 1.1 Fibonacci extension.
This should technically be the bottom buy opportunity to target the 0.5 Fibonacci extension at 190.100.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.