Hello traders,
GBPJPY is still running inside a 4h uptrend channel.
It drop hard last week but found a support by the support line of the channel.
It is now moving alone with a new 1h trend line (green).
It is possible to retest last high before running the new impulse leg up to last one's fibo 1.27 posisiton.
GOOD LUCK!!!
LESS IS MORE!
GBPJPY is still running inside a 4h uptrend channel.
It drop hard last week but found a support by the support line of the channel.
It is now moving alone with a new 1h trend line (green).
It is possible to retest last high before running the new impulse leg up to last one's fibo 1.27 posisiton.
GOOD LUCK!!!
LESS IS MORE!
