the reasons for this trade borthers on two main factor namely; fundamental event and technical break of structure...
in accordance to the fundamental base, the ongoing war between ukraine and russian has a bit weigh on eurozone currencies and a strong buying mood for the dollar given us a short term opportunity to go on short on this current pair.
for the...
We have a bullish reverse confirmation from our entry, giving us a fresh entry for some bull run above our initial drawn support line, we expect our target point to be hit for further impetus
GBPJPY swing short, we have a double top price rejection and an irregular head and shoulder pattern form also supported with a break of structure giving us a good retest for an impulse bearish bias. we expecting to see some overtime short on this pair till we hit our analyze tp