GBPJPY: Important Decision Ahead 🇬🇧🇯🇵

https://www.tradingview.com/x/oered6fW/

GBPJPY is currently consolidating on a key horizontal resistance.
I see a tiny horizontal range on a 4H time frame.

It feels like the price may drop from that structure.
Our confirmation will be a breakout of the support of the range.

4H candle close below 188.24 will be your bearish signal.
A bearish continuation will be anticipated then at least to 187.75.

Alternatively, remember that a bullish breakout of the underlined blue resistance can be a strong bullish signal.

❤️Please, support my work with like, thank you!❤️
Candlestick AnalysisGBPJPYpriceactionpriceactionanalysispriceactiontraderpriceactiontradingSupply and DemandSupport and Resistance

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità