Symbol: GBPJPY
Prediction : Short
Daily : The price is on a downtrend.
4H: The price is on a resistance, with the market start to consolidate at this level.
1H: We have a MACD divergence. The price break the trendline, it comes to retest the support and the trendline. I wait for a clear rejection before any trade.
Prediction : Short
Daily : The price is on a downtrend.
4H: The price is on a resistance, with the market start to consolidate at this level.
1H: We have a MACD divergence. The price break the trendline, it comes to retest the support and the trendline. I wait for a clear rejection before any trade.