SaifanRashid

GBPJPY Flag formation

Short
FX:GBPJPY   British Pound / Japanese Yen
Hello
This is only a short trade that I am willing to take, and to also see how can this turn out. uploading your work on here improves how you chart for when you want to come back and review your own work.

- I can see this Falling Wedge flag forming on 1H timeframe, got resistance at 100 & 50 MA (Shown in Light Blue, Purple)
- 200MA in the same Zone on 30M.

This is only my thoughts on this pair, some people might not be fans of this.

Enjoy.

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.