英镑/日元做空
GBPJPY Short
As you can see we broke previous Support after forming a Head & Shoulders pattern.
The market then retest that zone before continuing it's movement to the downside. We then break the Daily Support, but it wasn't a significant move, but still, we are in a downtrend as of now. But here's the catch, we created a double bottom, we made a Lower Low, Lower High, then a Higher Low . This is a pretty complex pattern as of now. The market might be creating a complex pullback, however we do get a SHORT bias because we are in a downtrend.
We created a zone using Fib. Retracement, as you can see the market retraced beautifully on the 50% Retracement, but if the market breaks and closes above the previous resistance, we could see a potential reversal, plus the fact we created a double bottom.
However, I would say that our bias still remains SHORT on this pair as long as the market doesn't break the level I pointed using the red-dotted line.
NOTE: Do not trade this analysis blindly!
What do you guys think?
I would love if you guys share your analysis on this pair as well.
The market then retest that zone before continuing it's movement to the downside. We then break the Daily Support, but it wasn't a significant move, but still, we are in a downtrend as of now. But here's the catch, we created a double bottom, we made a Lower Low, Lower High, then a Higher Low . This is a pretty complex pattern as of now. The market might be creating a complex pullback, however we do get a SHORT bias because we are in a downtrend.
We created a zone using Fib. Retracement, as you can see the market retraced beautifully on the 50% Retracement, but if the market breaks and closes above the previous resistance, we could see a potential reversal, plus the fact we created a double bottom.
However, I would say that our bias still remains SHORT on this pair as long as the market doesn't break the level I pointed using the red-dotted line.
NOTE: Do not trade this analysis blindly!
What do you guys think?
I would love if you guys share your analysis on this pair as well.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。