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tidaltrader
Nov 19, 2019 10:39 PM

GBPJPY Irregular Corrective Pattern Long

British Pound/Japanese YenFXCM

Description

My last post on GBPJPY target reached @ 140.80 level on Monday but proper reversal price action not happened in that level price broke that important resistance level. Right now pattern formation looks like Irregular pattern is possibility is very so i am looking for further price action on coming days. If price moves above 140.80 level then we can expect 141.65 level as immediate resistance.
Comments
Jack_Brown
Japanese time became so calm after the break, moving slowly above 140.00 , could not break above 140.13, I think that 140.13 is the point to watch, if broken we will see acceleration towards 140.40
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