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PATOJAPE
Oct 21, 2019 11:01 PM

GBPJPY for sell Short

British Pound/Japanese YenFXCM

Description

The price has touched the resistance zone and there is also the trendline in the same area
Also, it made a false break so we are expecting the price to head towards the support zone.
There is MACD divergence within the increasing expandable triangle.

Comment your thoughts!

Sorry for last week's absence
Comments
mrsceleste
I agree. This is what I see. We are due for a pullback, especially given Brexit situation at current
PATOJAPE
@mrsceleste, Excellent! let's wait for confirmation
castroynr
I see a rising wedge, what do you think
PATOJAPE
@castroynr, i agree, so let´s wait for the rupture of the wedge
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