recently broke its high, if it struggles to break the Resistance it will fall back to around the low 3's (make sure to wait for indicators to show signals for reversal)
waiting for a confirmation possibly a few more sideway moves will see MACD converging shortly.
Potential Double bottom is forming waiting for break and retest of neckline
COPPER HG HG1 Like last week, just more confusing Gann fan forming maybe? Price might Fakeout and bounce again. #Patience and wait for a sign. If I had to bet now I would say Long but - again - let's wait for a clearer view.
Hi Friends, as you can see that GBPJPY is in pressure from last week and now I think I will break the falling wedge If it breaks and close in a BEARISH below the RED ZONE it's a good opportunity for a short here with target of 50.00% Fibo Level. Good Luck. #TRADEATYOUROWNRISK #MONEYMANAGEMENT
If it breaks, than short to 1.072 possible. Otherwise long to 1.082 and higher possible.