GBPJPY
Price seems to be hovering around resistance for now.
To determine a uptrend of downtrend will wait for the 1H candlestick - to see where does it closes before deciding to go long or short. For now it seems likely to continue its uptrend as on the 4H chart, it was closing a higher low and higher high.
Do drop me a like/comment on your analysis!
To determine a uptrend of downtrend will wait for the 1H candlestick - to see where does it closes before deciding to go long or short. For now it seems likely to continue its uptrend as on the 4H chart, it was closing a higher low and higher high.
Do drop me a like/comment on your analysis!
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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.
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.