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financialfreedomgoals101
Jan 3, 2022 8:49 AM

GBPJPY: FALLING WEDGE, CONTINUATION OF BULLISH BIAS? Long

British Pound/Japanese YenFXCM

Description

Hello Enthusiast Forex Trader! Here's short-term outlook for GBPJPY , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)

*GBPJPY created a Falling wedge on m30 Timeframe
*GBPJPY has broken out of the Falling Wedge Pattern which indicates a potential bullish movement ahead
*MACD indicator starts crossing up above the zero level area, that signify the stronger bullish momentum may remains in the future.

The roadmap will be invalid after exceeding the support/target level

*DISCLAIMER:
This isn't a recommendation to buy or sell forex pairs,only an Outlook from technical perspective.

Comment

Failed Setup, False Break.
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