MMBTtrader

GBPJPY is creating H&S breaking neckline now or after more range

Short
FX:GBPJPY   British Pound / Japanese Yen
as we can see near strong daily and weekly resistance GBPJPY is forming reversal pattern and maybe here this strong rise end and some correction or more range arrived

green lines and targets we are looking for :

if the falling and correction started we may reach 142.35 that was strong daily resistance zone and now is support and is 0.38% level of Fibo as we mentioned on chart that is above .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>

My Free telegram channel:
t.me/mmbtchannel

VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.