GBPJPY Jan 22, 2020
STRONG SELL
We can clearly see that we are in an oversold position and we could not break the strong support level. We have a bearish divergence on that support level which might be an indication of a strong short sign.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
We can clearly see that we are in an oversold position and we could not break the strong support level. We have a bearish divergence on that support level which might be an indication of a strong short sign.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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.