Pika7993

Safe technical sell

Short
Pika7993 Mis à jour   
FX:GBPJPY   Livre sterling / Yen japonais
The trend reached the key resistance that has been offering rejection between bottom support shown on map. A break and continuation above this resistance would sentiment long continuation. This is a safe trade if it does breach the resistance and continues with the current close proximity.

My sentiment is a pivot to bottom support following chart pattern.

MACD is attempting to correct a cross down through signal while RSI is making a sharp move out of overbought zone.

Attached is my previous analysis with spot on price action. Please comment with thoughts and ideas. Thank you.
Trade fermée: ordre d’arrêt atteint:
SL hit
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.