Hi traders Friends, I hope you had a good weekend, here is one of my analyses :
GBPJPY BB: Is in a downward trend since January 2018. Price rejected resistance 148,500 five times in seven months.
B: Swing high is underway but not confirmed. Price has returned to the Stratshadow. Moreover, the price is stuck in a young WCC.
W: The price found its support at 200 EMA, and also at 144,600 with a price that has fluctuated a lot on this level during the previous months.
H4: Price supported by the 200 EMA and at the bottom of the WCC
What do you think of my analysis? Comments are welcome
I have no bias, there is nothing to do at the moment except wait for the PASR to show us clues.
GBPJPY BB: Is in a downward trend since January 2018. Price rejected resistance 148,500 five times in seven months.
B: Swing high is underway but not confirmed. Price has returned to the Stratshadow. Moreover, the price is stuck in a young WCC.
W: The price found its support at 200 EMA, and also at 144,600 with a price that has fluctuated a lot on this level during the previous months.
H4: Price supported by the 200 EMA and at the bottom of the WCC
What do you think of my analysis? Comments are welcome
I have no bias, there is nothing to do at the moment except wait for the PASR to show us clues.