GBPJPY seem to break to the bottom. However do not jump in a trade, wait for a correction and then trade the internal breakout. In addition we have 4 Hour divergence.
If we get one more down movement it will probably be the last, we already have 2 higher swings in MACD Daily, we are going for a third and then for a big up movement.
If we get one more down movement it will probably be the last, we already have 2 higher swings in MACD Daily, we are going for a third and then for a big up movement.
Note
Probably breakout will happen next week. We have corrective structure inside the bigger patternNote
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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.