GBPJPY

Candlesticks are consolidating around 142 (Le Resistance)... Also DOJI in play. Will this be the beginning of a BEARISH reversal to the downside or will the BULLS keep pushing above 142.200 ??? This wave hasn't had a higher high yet...
HMMMMM....
I'm looking for quick short to 141.700 or maybe a break above 142 and retest as a support. Then it's UP, UP, UP and AWAYYYY.
Otherwise, we're going...
DOWN DOWN BABY, down by the roller coaster
Sweet sweet baby, I will never let you go,
Shimmy shimmy cocoa pops,
Shimmy shimmy pow!
Candlestick AnalysisTechnical IndicatorsMoving Averages

Disclaimer