DeGRAM

GBPJPY continues falling from resistance zone

Short
FOREXCOM:GBPJPY   Livre sterling / Yen japonais
Both of my predictions came true.
First, the price, after breaking through the resistance line, rolled back to its previous positions and touched the resistance again.
Then it started to move in a downward trend from the resistance zone (139.659) to the support line.
Right now, the price continues to fall towards the support line.
I expect the decline to be steady without strong corrections.
As the price falls from a strong resistance zone formed by two lines - 2019.
Plus, recently the price made a breakout and correction, fixed on the line - usually, such fluctuations precede a uniform movement and exit into a trend. In our case - downward.
I expect the price to come to the support line. Target - 135.889

-------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.