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GBPJPY: Descending Wedge Formation pulls the Price range.

Long
Livre sterling / Yen japonais (FX:GBPJPY)  
Tradingwithtamil Mis à jour   
FX:GBPJPY   Livre sterling / Yen japonais
Trend Analysis Chart Patterns Wave Analysis forex-technical-overview best-forex-chart-analyst best-forex-chart-analysis
3
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Descending wedge oscillation turns the price range to the trend resistance. In a daily time-frame, descending wedge pulls the price range to the wedge resistance. The descending wedge pattern formation boosts the continuous raise towards the trend resistance. The 148.688 is the target for the pattern formation.

Signal Specification

Entry: 142.931

Tp: 148.688

Sl: 139.830

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