lobfxempire

GJ Fell Back Into Consolidation Zone!

Long
FX:GBPJPY   Livre sterling / Yen japonais
GBP/JPY has been producing great pip movements this week. Waiting for Daily retest. Price is currently retesting a previous bullish breakout level. Which just so happens to be near Daily Resistance. Price also failed to break through the downside, which resulted in Bulls Momentum. I predict LONG if price manages to break & close above Daily Resistance & Top Consolidation Boundary. If my analysis prevails, I expect price to test the 100.00% Fib level. Which is also acting as market ceiling.

Support My Analysis With a Thumbs Up!

Comment Below Your Ideas on GJ!
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.