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AlkalineFX
11 May 2022 06:56

GBPJPY: The Head & Shoulders TrapΒ 

British Pound/Japanese YenFXCM

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Don't be fooled by this pretty head and shoulders pattern because it is most likely a trap to lure sellers into the market before price bounces from a demand planted below it.

Once the fair value gaps have been filled, the price is likely to utilise the demand to travel to the remaining imbalance at the top of the move.

Do you think this is likely? πŸš€
Yorumlar
VasilyTrader
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Nice chart, cheers!
AlkalineFX
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@VasilyTrader, Thanks bro!
TopTradingSignals
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Cheers!
AlkalineFX
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UnitedSignals
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Good luck!
AlkalineFX
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@UnitedSignals, Appreciate it!
substantialLem26864
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thanks
AlkalineFX
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MonoCoinSignal
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Great πŸ‘πŸ»
AlkalineFX
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@dr_ross, Cheers bro!
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