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GBP/JPY Short

943
GBP JPY Short

This is my analysis for this coming week I think that we are still looking at a correction.

We have broke out of a rising wedge & we have retested the higher high that was previously made and closed under it , we have failed to breakthrough higher & created a double top

We are still oversold on the daily & weekly time frame and are running into exhaustion I believe we will be dropping to 179.900 where we will see if it will breakthrough the support level.

Not
Multiple Failed Breakouts Makes Me Think We Are Going To Correct Downwards Before Going Up Still
Not
Just a predicted that there was going to be retracement & I'm still expecting the price to reach the 179 level before testing the area and jumping back up

If you took a trade on this I'd close out some of your position and let the rest run with a stop loss in profit at 183
Not
Still on track to hit the 180 level before going up this was a beautiful trade
Not
The prediction & analysis on this trade was spot on we are very close to the point of interest - all sell position can now be closed and we will be looking for position to buy now
İşlem kapandı: hedefe ulaştı
What a trade ! Did everything i expected it to do.

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.