gbpjpy printed a bearish divergence on daily and its playing out
the support has failed thus becoming a resistance and a bearish tweezer has been printed on 4h chart
Area supply or of resistance since oct. 2020
bearish pinbar to signal rejection on the daily tf
a wedge fakeout on 4h wegde
price should retest 1.65330
if 1.65330 hold as support then we look for bullish signals
A Pull back and close inside the expanding wedge signify continous bearish action.... also todays candle closing bearish is strong bearish signal continuation
