A reversal is coming on the pair Short

British Pound/Japanese YenFXCM

Description

⋅ Oct 12, 2020 7:27 PM

Hello ,

Price is bouncing through a bullish channel and is reaching near 50% Fibonacci level which corresponds to the resistance at 138.00
We are waiting for the 9, 21 EMA for a second confirmation near the resistance before we take the trade.

TP1 -> 136.750
TP2 -> 135.400

* First post !

Let's see how will play out.
OANDA:GBPJPY