Hello, currently GBPJPY is face an overall resistance. The trendline was alos broken and is now acting as a dynamic resistance and therefore a downward move is expected.
Hello traders, here's a full analysis on NZDJPY . If you find this educational just drop a like and a comment and also tell me your thoughts whether you agree or disagree with my bias and opinions on the pair.
Hello traders, here's a full analysis on NZDJPY. If you find this educational just drop a like and a comment and also tell me your thoughts whether you agree or disagree with my bias and opinions on the pair.
If the market was to retrace to the the green highlighted area, we would have a high probability opportunity to take a long position. We would, at that level have the confluence of the support structure, the Fibonacci taken on the impulse and if we were to get a confirmation to go long with a bullish candlestick pattern.
