continuation pattern to throw down GBPJPY which guarantees 100+ pips
DESCENDING CHANNEL FOLLWED BY A BREAK OUT ON THE CHANNEL WHICH FORMED AN ENDING DIAGONAL TO BRING ABOUT A LONG TERM BUY
DESCENDING CHANNEL
follow for more ideas -descending channel -possible 50 pip sell because of the bearish engulf -then later on a 400 pip buy
We can see a bullish engulfing candlestick indicating a buy that is most probably going to buy upto 40 pips that will form a double top that will give us a long sell of 80+ pips so keep watch follow for more ideas : )
-It is at a strong supply zone - it also has the same setup as the one NZDCAD had before it soll - it is a rising channel And dont forget to follow for more ideas
RETEST IS DONE DONT forget to follow for more ideas will be posting on a daily
broke through the trendline and will break through the resistance zone