GBPJPY MAY BE NOT GOOD IN THE FUTURE
Updated
As you can see the daily chart of GBPJPY,
A good support area down there,
So mang people at my side is think that is a good chance to long and no doubt to it.
But I don't think so.
The reason is very simply,because the price spent too much time above the area.
So what I think is,if this area is a strong one,the price should not stay here for so long.
In this process the power of long will be weaker and weaker.
My conclusion is GBPJPY will crash in the near future.
A good support area down there,
So mang people at my side is think that is a good chance to long and no doubt to it.
But I don't think so.
The reason is very simply,because the price spent too much time above the area.
So what I think is,if this area is a strong one,the price should not stay here for so long.
In this process the power of long will be weaker and weaker.
My conclusion is GBPJPY will crash in the near future.
Note
lower low,lower high~~Note
A interesting dialogue down there:banking institution:the price is very low,you should buy.I already help you to reduce the price.You wanna buy?
private investor A:yes,I'll buy.
private investor B:Why not?
private investor C:Buy Of course.
banking institution:You guys sure?
private investor A B C:yes sure.
banking institution:OK,I'll sell to you guuys,thanks clever stupids.
Are you ready to crash?
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