gbpjpy head and shoulders pattern on daily
gbpjpy forming what is a head and shoulders on the daily time frame also at the top of the trend line which you cans see if you zoom out on the daily, downtrend since 07.
140.000 is the price i will be looking for if we see a continuation of this pattern as breaks the 148.560 price.
if this doesn't happen we will see a break of the trend line and a possible high of this year at the 156.000 area.
140.000 is the price i will be looking for if we see a continuation of this pattern as breaks the 148.560 price.
if this doesn't happen we will see a break of the trend line and a possible high of this year at the 156.000 area.
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