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JasonFosterII

GBPJPY Possible Weekly Bull Hammer

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
JasonFosterII  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY Inverse Head and Shoulders Trend Line Break 4h Weekly Charts swing
2
0
trendanalysis chartpattern gbpjpy inverseheadandshoulders trendlinebreak 4h weekly swing
Inverse Head & Shoulders on 4H. If price can complete this pattern by the end of week and remain in the area weekly candle will be a big bullish hammer. Indicating possible strong trend continuation for swing move. Price has some resistance obstacles to break though to complete pattern. Has to break small 4H trend line, daily resistance (151.359) and the 50 EMA .

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