Analysis of #GBPJPY
A possible bearish head and shoulders pattern might complete son and break the neck line support after this impressive move on all yen pairs.
Trading Plan:
>>, if GBPJPY breaks the neckline support I will then have a strong belief that the yen will start to gain some bullish momentum and give me a reason to look for a trend continuation pattern to get into a big selling opportunity if the rules for entry are met.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
A possible bearish head and shoulders pattern might complete son and break the neck line support after this impressive move on all yen pairs.
Trading Plan:
>>, if GBPJPY breaks the neckline support I will then have a strong belief that the yen will start to gain some bullish momentum and give me a reason to look for a trend continuation pattern to get into a big selling opportunity if the rules for entry are met.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
