GBPJPY 26/06/21
(Hourly Time Frame)
Head and shoulders spotted forming on the 1hr TF.
To decrease noise I removed some indicators, however they also indicated a sell occurring in the market short term;
- Ichimoku cloud indicates to sell
- BB's indicating to sell, however the bands were getting tighter together. (Market bouncing between middle and bottom bb).
The 50MA is currently pushing the market down.
T/P may be decreased, I predict it will go down to the support zone however invest at your own risk.
***The resistance zone stated isn't the highest resistance zone the market has offered, it is an average Resistance zone I have gauged within a time frame in the market.
Head and shoulders spotted forming on the 1hr TF.
To decrease noise I removed some indicators, however they also indicated a sell occurring in the market short term;
- Ichimoku cloud indicates to sell
- BB's indicating to sell, however the bands were getting tighter together. (Market bouncing between middle and bottom bb).
The 50MA is currently pushing the market down.
T/P may be decreased, I predict it will go down to the support zone however invest at your own risk.
***The resistance zone stated isn't the highest resistance zone the market has offered, it is an average Resistance zone I have gauged within a time frame in the market.
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.