Analysis on #GBPJPY
This is similar to my gold analysis from today, as you can see the market kee topping and gets rejected every time it goes up.
Do not get the wrong way, we are still in an uptrend but I don like buying it here, the market price action is not favorable to me.
if I buy it I will be having to deal with the double topes explaining on the chart and the trendline resistance as well.
So if the market will indeed break down and move to the downside I will be ready to get in a short trade following my plan.
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.”
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you