GBPJPY is looking neutral at the moment but his breakout box will help determine the next trade will be trading the breakout
given the head and shoulders pattern with the double bottom formation we see a good oppertunity to long here for more signals join my free channel t.me
good setup for bulls to come in and take their place lots of volume follow my channel for more signals t.me
buy on breakout on the box or sell in break box in the support section in green
VERY GOOD INDICATION OF HEAD AND SHOULDERS FORMATION BROKE THE TREND LINE AND BROKE THE HnS SUPPORT LINE IF FUNDAMENTALS ARE ON OUR SIDE WE SHOULD SEE A SHORT HERE
GOOD TRIANGLE FORMATIOIN FOR A POTENTIAL REVERSAL TRADE WITH RISK MANAGEMENT
good resistance point looking at the pivot point , well respected and we shall see this trend on my chart like like like!!!
clear reversal on the pivot point , we will look to buy now!!
as we look at our pivot point we see a clear sign of respected pivot lines trend is headed down from long term resistance line
good position for a short if it breaks resistance then put a buy position
a good set up is formed for the EU as the week goes by we shall possibly see some shorts forming
the eurusd seems to still have a resistance at the squared drawing hopefully it will hold the resistance for a down trend
wait for confirmation on the news to hit then buy at the boxed area good head and shoulders pattern
as more momentum hits the EU seems to be holding for the big news comming ,, technical analysis side it seems a short is best to come