daltray

GBPJPY - 4H Rising Wedge

daltray Updated   
FX:GBPJPY   British Pound / Japanese Yen
The movement has not been able to penetrate the ema 100 line. The channel formed is a forwarding channel, rising wedge. If this last 4H candle is closed below the green candle, it will be a strong signal for this pattern to be succeed when the support channel of the pattern succesfully broken.
Comment:
Analysis didn't match. It had already inverted head & shoulders pattern.

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