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GBPJPY Exiting the Wedge/Channel
British Pound / Japanese Yen
Short
GBPJPY Exiting the Wedge/Channel
By JonJC
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Apr 30, 2020
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Apr 30, 2020
Signs of Bearish GBPJPY:
- Weak GBP
- Strong YEN (powered also by weak OIL)
- Wicks from above at 1hour
- Rejected by RSI 50 at 4H (going back down)
Wait for the break of triangle at 1 hour before shorting.
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