Get started
QBomb97

GBPJPY SELL CONFIRMATION

Short
British Pound / Japanese Yen (FX:GBPJPY)  
QBomb97  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
Following the consolidation of the GBPJPY, the price retested the OTZ(Optimal Trading Zone) indicated by the 2 red lines plotted on the daily chart, a strong selling candle+the 50_100 EMA lines above price+RSI in the Overbought area going lower shows strong selling pressure int the market.Let me know your opinion if it differs from mine.
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.