Symbol: GBPJPY
Prediction : Short
Daily : The price is on a downtrend.
4H: The price is on a resistance, with the market start to consolidate at this level.
1H: We have a MACD divergence. The price break the trendline, it comes to retest the support and the trendline. I wait for a clear rejection before any trade.
Prediction : Short
Daily : The price is on a downtrend.
4H: The price is on a resistance, with the market start to consolidate at this level.
1H: We have a MACD divergence. The price break the trendline, it comes to retest the support and the trendline. I wait for a clear rejection before any trade.
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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.