☑️GBP_JPY is very bullish at the moment However, the pair has reached a strong resistance level Which you can see on the 3 day chart on the left, which is a bearish signal. Then, on the 3h chart on the right you can see a rising wedge pattern formed Which is a bearish sign for us as well!
Therefore, we can expect a pullback from the strong level+pattern Which is why we are waiting for the breakout of the wedge for confirmation And then we will short the pair with 3 targets in sight!(IF breakout happens) SHORT!↘️ ✅Like and subscribe to never miss a new idea!✅