Pika7993

Simple yet strict analysis

FX:GBPJPY   British Pound / Japanese Yen
This is a pre momentum shift directional analysis

I am basing my sentiment off a breach through 140.100 for buy retest and/or breach through 139.500 for sell retest.

I made clear the consolidation pattern in this channel with clear momentum shifts of a clear break of support/resistance.

RSI is looming in the middle waiting for a break while MACD is set to either cross through zero line or be rejected with a MACD/Signal cross right below 0 line.

One can take this analysis as a great great scalp opportunity or a solid learning experience by observing the outcome of my sentiment.

Please comment with your thoughts and ideas. Thank you.

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