There is a Double Top Pattern (Trend Reversal Pattern) on the GBPJPY Daily chart.
I will follow the uptrend according to the harmonic pattern.
The rising trend continues on analyse. No return sign appears. Buy side probabilities are as in the chart.
Reaction buy candles can form from the support zone. If this area is broken, can come the lower support area.
In general, the downward trend is continuing in analysis. We have to follow important areas of support and resistance zones. If the trend isn't broken, the sale will continue in chart.
Important support and resistance zones are present in the analysis.
Important support and resistance zones are present in the analysis.
We'r currently in significant support. It can get a reaction from the support zone.
There is downtrend. It's necessary to observe the zone of resistance.
It wants to break the uptrend but it hasn't happened yet. If it can go above the resistance zone, the buy position will continue.
Nasdaq buyer potential continues. Support zone is important.
The resistance zone is important. The decisive factor for now.