ProFX_Strategist
Long

GBPJPY - Pullback Trade

FX:GBPJPY   British Pound/Japanese Yen
22 0 2
High probability pullback to some upside.

The bright-green EMA has drifted very far away from the bright-red EMA ; as such, the green may like to drift closer to the red once again (taking price upwards)... If it should continue to a crossover, then the price action can become very bullish ...

The MACD has crossed-over (preparing to go to some upsides from here).

Whether or not the price will make another down-move later on (dark gray arrow) is uncertain; but just be prepared that it might happen...

Just see the chart...

Best regards.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out