Check my previous signal post below , go through it and make sure you understand the reason behind my Short long (long sell) idea.
Insert the Bollinger Band indicator into your chart and in H1, you'll notice that just as the bands contracted around 153.950-154.120-ish, it started expanding when price started impulsively bullishing to 156+.
You'll also notice in H1 that the bands started contracting around the high price went to and just started expanding and price is already in a downtrend which means history is definetly going to repeat itself.
With all that said, i believe GBPJPY still has a lot of room to fall, more like a 100+ pips range to bearish.
#forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence
If you like this post please, cheer us on, leave a like, share, follow and most of all, engage with the post by sharing your thoughts in the comment section.
Insert the Bollinger Band indicator into your chart and in H1, you'll notice that just as the bands contracted around 153.950-154.120-ish, it started expanding when price started impulsively bullishing to 156+.
You'll also notice in H1 that the bands started contracting around the high price went to and just started expanding and price is already in a downtrend which means history is definetly going to repeat itself.
With all that said, i believe GBPJPY still has a lot of room to fall, more like a 100+ pips range to bearish.
#forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence
If you like this post please, cheer us on, leave a like, share, follow and most of all, engage with the post by sharing your thoughts in the comment section.
