GBP/JPY Trade Idea
Hello and welcome to my Trade Idea of the currency pair GBP/JPY.
Lets start with the Top Down Analysis.
H4: The h4 timeframe is overall bullish but the last hours are bearish with a nice bearish engulfing candlestick pattern.
H1: On the h1 timeframe we see the LL (Lower Low) in more detail. That's why the trend is bearish temporarily.
M15: Here we draw the counter trendline and expect a push to the lows.
Have a nice day.
Lets start with the Top Down Analysis.
H4: The h4 timeframe is overall bullish but the last hours are bearish with a nice bearish engulfing candlestick pattern.
H1: On the h1 timeframe we see the LL (Lower Low) in more detail. That's why the trend is bearish temporarily.
M15: Here we draw the counter trendline and expect a push to the lows.
Have a nice day.
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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.