GBPJPY long term sell

9月18日

After a year of massive gains

I am expecting a major correction in the market, a possible market crash

GBPJPY has currently formed a double bottom on the 23% Fibonacci level

- Expecting a retracement (LONG positions) towards the 50% FIB level

-if price closes above 50% FIB level expect a retest of the psychological zone 200.00

-once prices reach that level expect an immediate impulse towards the downside

- but if not short until 169 as identified on the levels on the chart


currently it is bullish