FX:GBPJPY   İngiliz Sterlini / Japon Yeni
GJ has been moving in a consolidation zone for a long time.

As you see in the Daily chart, price has made a reversal double top pattern after getting rejected from a resistance level twice.

Currently, the yellow support zone which is also the neckline of the pattern is broken and the bearish candle is closed below the level.

Wait for a pull back and retest around the yellow broken level in lower time frames like 4H and 1H, then if there was any bearish confirmation signal, we can expect a drop on GJ to 149.500

Note: if price didn’t pull back, wait for today’s candle to be closed below the previous candle to enter short.

Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.