GBP/JPY Short

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GBP JPY Short

This is my analysis for this coming week I think that we are still looking at a correction.

We have broke out of a rising wedge & we have retested the higher high that was previously made and closed under it , we have failed to breakthrough higher & created a double top

We are still oversold on the daily & weekly time frame and are running into exhaustion I believe we will be dropping to 179.900 where we will see if it will breakthrough the support level.

노트
Multiple Failed Breakouts Makes Me Think We Are Going To Correct Downwards Before Going Up Still
노트
Just a predicted that there was going to be retracement & I'm still expecting the price to reach the 179 level before testing the area and jumping back up

If you took a trade on this I'd close out some of your position and let the rest run with a stop loss in profit at 183
노트
Still on track to hit the 180 level before going up this was a beautiful trade
노트
The prediction & analysis on this trade was spot on we are very close to the point of interest - all sell position can now be closed and we will be looking for position to buy now
거래청산: 타겟 닿음
What a trade ! Did everything i expected it to do.
GBPJPYgbpjpyshortHarmonic PatternsTechnical IndicatorsTrend Analysis

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