FX:GBPJPY   British Pound / Japanese Yen
Overall trend is bearish .
Market is approaching key resistance zone again after previous two 'tap and reverse' attempts.
In addition a bearish pat pattern has just been completed near to the resistance zone .
Will this action repeats itself - tap and reverse?
Or the bulls will get it third time lucky by breaking and closing above the resistance zone?
WOW.... I like it... this is cool analys.. hehehe... i hope GBPJPY down ... :P
Casey_Yeo adesujatnazakaria
Thanks bro for your comment. Let's see what happens.
ok vrooh hehehe... :P..
Casey_Yeo adesujatnazakaria
vrooh? lol
vrooh = bro.... LOL in Indonesian alay's vocab .... :D :D
oh pity, miss few pips....
Bro, do you combine PQ at PRZ. im trying on this and it seem very good :)
Casey_Yeo hungvutrader
Bro what is PQ?
Based on the bat pattern, it looks good as price has gone through the PRZ and come down.
There is also false break of inside bar near resistance.
hungvutrader Casey_Yeo
oh sorry mistyping. PA of course :)
Casey_Yeo hungvutrader
Initially my analysis is based on PA. Then on closer look, I realised there is a completed bat pattern.
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