Hello everyone! GBPJPY's at a strong Key Level, we're looking for a bearish Candlestick / Reversal pattern in this area. On the bottom we see a respected diagonal level (green) with a reversal pattern on each touch, as we do with the top key level. The bullish pattern in purple has been broken and price has risen to 152.000, there's liquidity in the golden ellipse GJ may reach. However, we will be patient and wait for confirmations. Happy trading! :)
Trade closed: target reached:
100 Pips!
Comment:
Once my target was reached at 150.860 the prediction was a reversal back to the level, which is exactly what happened! Another 100 Pips was welcomed <3
Comment:
Bank Holidays for GBP and JPY all week! We’re looking for big moves to be made. Paying attention and keeping track with my chart, we had a 100 Pip 4H sell candle from my level to S&R. Then, a reversal pattern on lower time frames indicating a buy back up to the level, creating another 100 Pip 4H candle. Keep up with the chart and trading!
