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CDaley91

Possible GBP/JPY Scenario, via 4 Hr Chart

British Pound / Japanese Yen (FX:GBPJPY)  
CDaley91  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY britishpound japaneseyen Forex currencytrading astrofx nyc traderlife profitsoverwages
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trendanalysis chartpattern gbpjpy britishpound japaneseyen forex currencytrading astrofx nyc traderlife profitsoverwages
As we can see, price has broken out of December's descending trend line. Price eventually found support at 142.940. Right now, it's in a small bullish flag. If price breaks out of that flag, it shall go further til it reaches that level of supply. Will it show rejection from that supply level or break out and retest that level?
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