Possible entry long @ 134
GBP/JPY (on higher timeframe) trades within an ascending Schiff Pitchfork.
Intraday it is respecting descending Pitchfork, lower parallel is coming up again with confluence of horizontal support.
12-Hour Chart
Intraday it is respecting descending Pitchfork, lower parallel is coming up again with confluence of horizontal support.
12-Hour Chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.