GBPJPY POTENTIAL BUY OPP Long

British Pound/Japanese YenFXCM

Description

⋅ Jul 25, 2018 4:22 PM

1. BREAK OF THE DESCENDING TRENDLINE
2. PRICE MADE A HIGHER LOW THAN THE PREVIOUS LOWER
HIGH
3. PRICE IS TESTING THE 61.8 GOLDEN FIB LEVEL
4. DIVERGANCE ON THE 1 HOUR ASWELL AS OVERSOLD
5. THIRD TOUCH OF THE TRENDLINE

Trend Analysis Chart Patterns