GBPJPY Bearish Setup with FVG and Resistance Zone
On the H4 timeframe a clear trendline is visible. And in the 1 hour timeframe there is a strong resistance where the market goes and retested it multiple times and face rejection.
Below the the current market price there are two Fair Value Gaps (FVG's). For the setup the market is expected to move up to resistance zone, face rejection and drop down towards the FVG
Below the the current market price there are two Fair Value Gaps (FVG's). For the setup the market is expected to move up to resistance zone, face rejection and drop down towards the FVG
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Fundamentals & Technical Insights
Gold & BTC Specialists
Mastering Chart Patterns Together
Account management.
t.me/+a6yeLPhaskM4ZDI8
Gold & BTC Specialists
Mastering Chart Patterns Together
Account management.
t.me/+a6yeLPhaskM4ZDI8
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.