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camerausin
Aug 30, 2021 9:26 AM

GBPJPY Daily Analysis 

GBP/JPYOANDA

Description

W - Bullish , price looks like it may have completed it's retracement. price rejected the previous high twice. once with a very large wick and second with a tweezer bottom
D - Bearish - Neutral, price rejected the bottom twice and now could very well be in a consolidation zone in between 149 and 153.50.
4 - Neutral, price is in an a short uptrend but has found resistance at the last high @ 151.50. possible double top .
1 - Neutral, price has been consolidating and has found support in the 151 area.

entries -
our only entries today, because price is consolidating is a break of the zone above or below. break of 151 and a retest below or a break above 151.20 and retest.
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