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a_propatternfx

GbpJpy showing mix pattern - bias on bullish retracement

Long
British Pound / Japanese Yen (FX:GBPJPY)  
a_propatternfx  
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis GBPJPY GBP jpy propatternfx
7
2
chartpattern trendanalysis gbpjpy gbp jpy propatternfx
Weekly candle last 2 weeks was bullish engulfing, currently showing mix pattern. Waiting at 131.864 range, if it created bullish rejection candle, it confirm the wedge continuation pattern and the bullish ABCD move , minimum to reach the C point back at 133.8 . Further move up will confirm the bearish ABCD move towards 136.00 . Will wait to see any bearish rejection candle here to enter sell towards the C point again at 131.864
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