Boshmelly
Short

Short Prediction

FX:GBPJPY   British Pound/Japanese Yen
14 0 0
GBPJPY            

The weekly TF there is a new pattern of HHs             & HLs             . The price action would conclude if we can go up to Monthly res of about 193.5.

On Daily there tends to be a monthly res/sup at 186 therefore trying to find equilibrium with confluence with fibs at 0.5 for the C leg with a rejection candle & bearish engulfing to follow,which for me is a more convincing sign that over all Target is a short.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out