GBPJPY long term sell
After a year of massive gains
I am expecting a major correction in the market, a possible market crash
GBPJPY has currently formed a double bottom on the 23% Fibonacci level
- Expecting a retracement (LONG positions) towards the 50% FIB level
-if price closes above 50% FIB level expect a retest of the psychological zone 200.00
-once prices reach that level expect an immediate impulse towards the downside
- but if not short until 169 as identified on the levels on the chart
currently it is bullish
I am expecting a major correction in the market, a possible market crash
GBPJPY has currently formed a double bottom on the 23% Fibonacci level
- Expecting a retracement (LONG positions) towards the 50% FIB level
-if price closes above 50% FIB level expect a retest of the psychological zone 200.00
-once prices reach that level expect an immediate impulse towards the downside
- but if not short until 169 as identified on the levels on the chart
currently it is bullish
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.
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.