GBPJPY Inverse Head And Shoulders and Potential Bat Pattern
Technicals:
Price closed above EMA50
Inverse Head And Shoulders Pattern became validated.
Potential Retest of the broken neckline is a buying opportunity.
Take Profit is as described in the chart.
Potential Breakout of TP1 could confirm TP2 and Potential Bearish Bat.
Invalidation of Inverse H&S is described.
Fundamentals:
Strong Yen as a safe haven however a technical correction in all JPY pairs is likely.
Oversold and cheap GBP.
Pay Attention:
Strong risk management is needed due to Brexit based volatility in GBP pairs.
Have a nice weekend!
Price closed above EMA50
Inverse Head And Shoulders Pattern became validated.
Potential Retest of the broken neckline is a buying opportunity.
Take Profit is as described in the chart.
Potential Breakout of TP1 could confirm TP2 and Potential Bearish Bat.
Invalidation of Inverse H&S is described.
Fundamentals:
Strong Yen as a safe haven however a technical correction in all JPY pairs is likely.
Oversold and cheap GBP.
Pay Attention:
Strong risk management is needed due to Brexit based volatility in GBP pairs.
Have a nice weekend!
Not
Not
The first target of I SHS pattern 129.850 - 130.000 I will update later.
Not
TP1 OKNot
Update
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
İlgili yayınlar
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.
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
İlgili yayınlar
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.