Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPJPY Possible Bull Trap
British Pound / Japanese Yen
Short
GBPJPY Possible Bull Trap
By Sirsiu
Follow
Follow
Updated
Oct 22, 2021
3
Oct 22, 2021
GBPJPY had such a bullish run for the past week and a half. If it finds a floor here, it may very well shoot upwards as there is little resistance.
However, this looks like a bull trap to me. Will continue to watch closely.
Oct 22, 2021
Note
First TP would be around 153.
Chart Patterns
Sirsiu
Follow
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
.