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DrBear

GBPJPY SIMPLE SCALP SELL

Short
Livre sterling / Yen japonais (FX:GBPJPY)  
DrBear  
FX:GBPJPY   Livre sterling / Yen japonais
Trend Analysis Chart Patterns gpbjpy gbpjpyshort XAUUSD GBPUSD EURUSD gbpjpytrade Contains image
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trendanalysis chartpattern gpbjpy gbpjpyshort xauusd gbpusd eurusd gbpjpytrade containsimage
Hi Team

This one is straightforward chart analysis.

We are expecting JPY strength.

We may well see GBP weakness in news events on Wednesday.

We are reaching the contraction of a bearish wedge/triangle on the 4H timeframe. We have now seen structure rejection.
Look for follow through and catch this simple sell! Clear invalidation above local resistance.


Good luck, Trade safe


DrBear

Idées en relation

DrBear
EURUSD BUY TRADE THIS WEEK
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