--- GBPJPY, W1 time frame
--- Very bullish new uptrend.
--- Will price bounce at that resistance zone? Will it breakthrough and then pullback, to resume the uptrend?
--- MACD shows good momentum to the upside.
--- Strong kick-offs like this are at the beginning of new trends that last for a long time. I think this uptrend could last a couple of months.
--- These last candles show an ascending triangle.
--- This gives a bullish bias for daytrading (H1, M30, M15, M5).
--- What do you see here?
--- Very bullish new uptrend.
--- Will price bounce at that resistance zone? Will it breakthrough and then pullback, to resume the uptrend?
--- MACD shows good momentum to the upside.
--- Strong kick-offs like this are at the beginning of new trends that last for a long time. I think this uptrend could last a couple of months.
--- These last candles show an ascending triangle.
--- This gives a bullish bias for daytrading (H1, M30, M15, M5).
--- What do you see here?
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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.