Trader_97

GBP/JPY POSSIBLE SCENARIOS

FX:GBPJPY   British Pound/Japanese Yen
43 0 4
So i see the multiple scenarios which maybe at play apart from the one that I am focusing on which is currently the Reverse H/S.

1. REVERSE H/S

2. CONSOLIDATION INSIDE THE SYMMETRICAL TRIANGLE

3. BREAKOUT TO THE DOWNSIDE AND RESUMPTION OF MAJOR BEARISH TREND

MINOR SCENARIOS
=================

a) Bullish Breakout from symmetrical triangle and price heads into the 164.04 area

b) Bearish Breakout from the symmetrical triangle and price heads into the 154.40 area .

Be sure to like and comment down below and let me know what you guys think.Happy hunting.
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