GBP/JPY Weekly Outlook 27/1/2020 to 31/1/2020
Forex Weekly Outlook 27/1/2020 to 31/1/2020
Pair : GBP/JPY
Weekly -In an Uptrend Channel inside Bearish
structure from Jan'18. Last week
close as Bearish Doji as confirmation close for
the previous week Bearish Pin Bar
Daily - Possibility of downside movement until lower trendline.
Possible break and bounce scenario
www.tradingview.com/chart/ki5cHdov/
H4 - Potential Inverse Head & Shoulders
in the making
www.tradingview.com/chart/ki5cHdov/
Plan 1 : Short position until 141.200 support area
Plan 2 : Wait for break or bounce scenario at 141.200 support area
Pair : GBP/JPY
Weekly -In an Uptrend Channel inside Bearish
structure from Jan'18. Last week
close as Bearish Doji as confirmation close for
the previous week Bearish Pin Bar
Daily - Possibility of downside movement until lower trendline.
Possible break and bounce scenario
www.tradingview.com/chart/ki5cHdov/
H4 - Potential Inverse Head & Shoulders
in the making
www.tradingview.com/chart/ki5cHdov/
Plan 1 : Short position until 141.200 support area
Plan 2 : Wait for break or bounce scenario at 141.200 support area
Commento:
Weekly close as strong Bearish candle
Commento:
HIT TP at 141.200
as mini bearish pin bar
www.tradingview.com/chart/ki5cHdov/