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GBPJPY Beware of Bearish Pennant
British Pound / Japanese Yen
Short
GBPJPY Beware of Bearish Pennant
By Glanzspade
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May 25, 2020
9
May 25, 2020
Looking at the price action daily chart, we can see a Bearish Pennant ongoing.
EMA 21 and 34 are the dynamic resistances
Waiting for price to break the point B to complete the pattern,
with TP1 around 128 and TP2 around 124,
SL 132,5
Fibonacci
GBPJPY
Moving Averages
penant
Pennant
Glanzspade
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