GBPJPY Prediction on Week of Feb 3rd
Continuing from last week, double top pattern is still in place.
Price is sitting around the neck line, so it could go either way at this moment. Expect the price to attract and/or bounce either directions around these drawn lines. However, if the price rises and penetrates the double top line, then the pattern is broken and new lines have to be drawn. Such new lines will most likely be double bottom pattern, and I will draw them when it happens.
Price is sitting around the neck line, so it could go either way at this moment. Expect the price to attract and/or bounce either directions around these drawn lines. However, if the price rises and penetrates the double top line, then the pattern is broken and new lines have to be drawn. Such new lines will most likely be double bottom pattern, and I will draw them when it happens.
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