GBPY PROFITABLE TOP DOWN ANALYSIS STRATEGY

GBPJPY is showing signs of strength on a weekly timeframe after forming double bottom on a weekly Fibonacci Retracement area. But on a daily timeframe the 50 Fibonacci Retracement area is being respected with the daily resistance acting as a confluence point Will might see further down side for a third touch on the trendline line before it actual bullish continuation.
Double Top or BottomFibonacciTrend Lines

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