alexpanko

Major Support Bounce 143.70 - Still Bullish Bias!

Long
alexpanko Updated   
FX:GBPJPY   British Pound / Japanese Yen
New Week!! Still Bullish Bias.. even with BREXIT NEWS that happened it made us go down to a MAJOR SUPPORT LEVEL which we TAPPED 143.70 and now back in our Trendline, broken channel trendline along with previous broken support which now turned into broken resistance 145.25 area

This is the DAILY as we a break and retest of the 145.25 and head up as my target is still 150.00

We need to BREAK 143.70 to be in a bearish Bias in my opinion

Comment:

After this post quick 100pips to touch the trendline as next resistance 146.25 level to break as previous HL we need to break
Comment:

head and shoulders pattern placed another 2 positions @ 146.30
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.