TradingView
MMBTtrader
Apr 23, 2021 6:41 AM

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

British Pound/Japanese YenFXCM

Description

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💚>>
Comments
financialflagship
Quality content, thanks for sharing. 🔥🔥
FieryTrading
Good content💪
jojofang0901
agree with the bearish outlook thx
YMGroup
thanks for your chart
AtlasTrades
Great work my friend!
Mihai_Iacob
Nice h&s there
Thanks fpr sharing
TheTradersAvenue
Perfect analysis, well done mate
KlejdiCuni
Great job bro!
Henry_Ross
Total agree!
More