Matl101
Short

What are your thoughts?

FX:GBPJPY   British Pound / Japanese Yen
51 views
5
Looking at this particular pair, we have some good signals of strong H&S pattern forming. Also, price rejections of 135.200 of 61.8fib rejection 2 times on the 4h candles suggest that this pair will go lower next week on Monday and then after for the rest of the week continue to rise as suggested by price action.

Also on lower time frames there is a cup and handle pattern forming as well, and seeing how the handle is not breaking the cup, and there are multiple rejections on lower time frames also strengthens this H&S .

What are your thoughts on this pair?

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out