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yazdani_mm
Jun 27, 2020 2:43 PM

Form a harmonic pattern 

British Pound/Japanese YenFXCM

Description

In the GBPJPY currency pair, we are seeing the formation of a harmonic pattern, so we expect a price increase, but there are two things to consider.
1. When the market opens on Monday, the first few hours of the market are emotional fluctuations and can even cause a "sharp drop".
2. But if the price increases, we can consider the targets 132.328 - 132.608 - 132.857 and finally 133.005, respectively.
In the McDi oscillator, we also see the completion of a negative half-wave, so we can expect a price increase.
Comments
Jude_N
Liked it. Like the facts ! Than the hoping and guessing.
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