GBPJPY
We have reached an important resistance level for the third time. In the 4-hour timeframe, we see a wedge pattern that is broken and we are waiting for its pullback. Also, in the daily timeframe after reaching the resistance level, we see the formation of a Hanging man candlestick pattern. I expect the price to fall to the specified areas.
We have reached an important resistance level for the third time. In the 4-hour timeframe, we see a wedge pattern that is broken and we are waiting for its pullback. Also, in the daily timeframe after reaching the resistance level, we see the formation of a Hanging man candlestick pattern. I expect the price to fall to the specified areas.
Trade closed: stop reached