Tarvin_The_Trader
Short

Possible medium term short opportunity on GJ

OANDA:GBPJPY   British Pound / Japanese Yen
This might be a possible reversal on this pair. the pair made a new higher low when retesting the demand area and ultimately forming the left shoulder. This was followed by a rally which could be heading to the -27% of the Fib level. At that point, a close observation on the candlestick pattern formation is vital as it will indicate that the market is ready to decline breaking the uptrendline and testing it to form the right shoulder. A break and close below the neckline should result in futher decline of the market.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out