GBPJPY - Resistance hit will the bears step in?
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traders,
Seeing GBPJPY trading upwards for a long time. The price hitted a long term sideways resistance line and immediately developed a nice doji. After the doji we had a very weak bullish day followed by a very strong bearish engulf that broke the sideways support.
Will the bears step in?
Best regards,
Seeing GBPJPY trading upwards for a long time. The price hitted a long term sideways resistance line and immediately developed a nice doji. After the doji we had a very weak bullish day followed by a very strong bearish engulf that broke the sideways support.
Will the bears step in?
Best regards,
Note
Moving well to the downside! great job if you took the trade!
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