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kwonyoo

GBPJPY Two scenarios

British Pound / Japanese Yen (OANDA:GBPJPY)  
kwonyoo  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis
5
0
trendanalysis chartpattern beyondta
As showing on chart, It is showing huge wicks telling it doesn't want to go bearish but also being rejected on minor resistance creating double top on lower time frame.

Therefore, I have two scenarios, if it breaks the minor resistance, wait for retest to go long or if it breaks trendline and support zone, wait for retest to go short.

As you can see my bias is short.

showing huge wicks telling it doesn't want to go bearish
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