GBPJPY Analysis >>> Bearish

GBPJPY breaks the Descending Broadening Wedge Pattern on H1 and going to the yellow horizontal line
Price will retest the Classic Support on H1, EMA 34 on H4 and EMA 200 on Daily time frame before it continues down
Enter Short Sell trade after MACD crossover above 0 level on H1
Target Price is on the 1.618 External Retracement Cluster

GBPJPY
-Fibomic International-
Beyond Technical AnalysisBroadening WedgeChart PatternsclusterDescending TrianglefibomicGBPJPYTrend Analysis

Also on:

Disclaimer