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VasilyTrader
Sep 30, 2022 1:01 PM

GBPJPY: Correctional Movement Ahead?! 🇬🇧🇯🇵 Short

GBP/JPYOANDA

Description



GBPJPY reached a recently broken major trend line.
We see a strong bearish reaction from that with a formation of a bearish engulfing candle.

Taking into consideration that the pair is locally overbought, the price may drop.
Next support - 157.6.

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Comments
ghulamsadiqbaloch431
Sir i swear you are great man ❤️💐
Solldy
Great explanation of the analysis! Interesting what timeframes do you use most often in your analysis?
JoeChampion
Yes, my thoughts are going on the same direction!
TopTradingSignals
Yes, same opinion!
TheSignalyst
I totally agree sitting around a supply zone now
RLinda
I agree with u. Thanks for sharing
KABHI_FOREX_TRADING
Good idea for selling.. Nice work
VasilyTrader
Will it drop? what do you think?
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