GBPJPY: Top-Down Analysis & Nice Short 🇬🇧🇯🇵
https://www.tradingview.com/x/HtFkaKot/
GBPJPY is trading within a wide horizontal range on a daily.
The price is currently testing its resistance.
On an hourly time frame, we can see how the pair was weakening
after it started to approach the underlined blue area.
After a strong bullish impulse, the price formed a rising channel.
Test of structure triggered a strong bearish reaction and the price violated
the support of the channel.
For me, it is a strong bearish confirmation.
I expect a bearish movement to 182.5 level now.
❤️Please, support my work with like, thank you!❤️
GBPJPY is trading within a wide horizontal range on a daily.
The price is currently testing its resistance.
On an hourly time frame, we can see how the pair was weakening
after it started to approach the underlined blue area.
After a strong bullish impulse, the price formed a rising channel.
Test of structure triggered a strong bearish reaction and the price violated
the support of the channel.
For me, it is a strong bearish confirmation.
I expect a bearish movement to 182.5 level now.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.