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GBPJPY Sell Signal

Short
British Pound / Japanese Yen (FX_IDC:GBPJPY)  
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FX_IDC:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY Forex signals gbpjpysignals forexsignals GBP jpy gbpsignals britishpoundsignals
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trendanalysis harmonicpatterns chartpattern gbpjpy forex signals gbpjpysignals forexsignals gbp jpy gbpsignals britishpoundsignals
Pattern: Parabolic rise on 1D.

Signal: Bearish as it is approaching a Symmetrical Resistance level (rejected the price 8 times since 2016) with the RSI on 3 year highs.

Target: 137.000 (Symmetrical Support).



*Such long term symmetries are useful and quite accurate. I have successfully implemented this approach on my last GBPJPY buy signal:

GBPJPY Lower Buy Signal
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