GBPJPY: potential fall
And so, the price approached to the resistance line. It is possible that the price will be able to break up. The current setup suggests otherwise. But strengthening of the instrument at the level 152.090 will cast doubt about sells.
In addition, you can see the outline of a "head and shoulders" pattern, that may promise a fall for the instrument. But that's a completely different story. Now the expected target is 149.110.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
In addition, you can see the outline of a "head and shoulders" pattern, that may promise a fall for the instrument. But that's a completely different story. Now the expected target is 149.110.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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