The overall trend for GBP/JPY last couple weeks is for short. I've made this analysis considering various elements in technical analysis which have been respected and some zones that the price has been rejected into aswell in the past.
Couple of chart patterns such as support/rezistance, trendline and fibonnaci have been respected in this analysis, so there is a...
I was waiting for the tripple top to be created on the pair EUR/JPY and to look for short opportunities. Soon as I got signals by candlesticks confirming the trend getting a reversal, I entried.
As you can see on the chart, TP1 has been achieved, and we'll see how the market goes in the next days and I believe likely it will go at the TP2 zone. This of course...
So I’m watching GBP/JPY since two weeks now when it made the big bullish move. This structure has been repeated previously around April and since then I’ve going short, but mainly waited for this big move. Enjoy it and please give feedback. Much appreciated!
