Downtrend to continue Short

British Pound/Japanese YenFXCM

Description

⋅ Aug 22, 2020 9:20 PM

Price is likely to keep dropping on weekly. We at yearly pivot resistance.
It is very likely to reach yearly S1 and go lower to S2 (TD projection sends us to S2)
Before the drop, a congestion along yearly pivot is also possible!

Comments

g2rafael

⋅ Aug 24, 2020 4:09 PM

one of the best analysis on trading view :)

I believe for near term market will go to support at 129 130