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GBPJPY Long Term Wedge Trading
British Pound / Japanese Yen
Short
GBPJPY Long Term Wedge Trading
By g2rafael
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Jan 7, 2022
4
Jan 7, 2022
It seems to me that this pair is trading within this wedge formation.
I do expect a fall for the next few days/weeks and then a bounce.
If it manages to rally longer term towards 163 164 then this wedge could be confirmed and then we might see a bigger drop.
For now the focus is on the upcoming down move.
This is only for educational purposes only.
Chart Patterns
GBPJPY
Trend Analysis
Wave Analysis
g2rafael
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