It seems like GBPJPY is getting rejected once more at the bottom of the range, forming a bearish corrective triangle. We could see bulls push price up once more around 135.2 levels, which would give us our E point, in confluance with our 4th support.
If we break the triangle to the downside, the pattern is invalidated.
Let's see where this gets us. In such market condition, I would be hunting a short more than a long.
Good luck all
If we break the triangle to the downside, the pattern is invalidated.
Let's see where this gets us. In such market condition, I would be hunting a short more than a long.
Good luck all
Commentaire:
Trade looking good guys