A reversal is coming on the pair
Hello ,
Price is bouncing through a bullish channel and is reaching near 50% Fibonacci level which corresponds to the resistance at 138.00
We are waiting for the 9, 21 EMA for a second confirmation near the resistance before we take the trade.
TP1 -> 136.750
TP2 -> 135.400
* First post !
Let's see how will play out.
GBPJPY
Price is bouncing through a bullish channel and is reaching near 50% Fibonacci level which corresponds to the resistance at 138.00
We are waiting for the 9, 21 EMA for a second confirmation near the resistance before we take the trade.
TP1 -> 136.750
TP2 -> 135.400
* First post !
Let's see how will play out.
GBPJPY
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.