Lingrid

Lingrid | GBPJPY test main RESISTANCE then FALL

Short
FX:GBPJPY   British Pound / Japanese Yen
The market is heading toward the main resistance zone at 183.000. The price formed a complex pullback by breaking through the downward channel. I think that most likely, the price will reject the main resistance zone because we had a huge bearish move from this level before. I am waiting for the price to bounce off the resistance and fall towards the support level because the market is simply ranging. My goal is the support at 181.865


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.