GBPJPY - Wait For The Trigger!
Hello everyone, if you like the idea, do not forget to support with a like and follow. GBPJPY is sitting around Weekly Resistance in green so we will be looking for sell setups on lower timeframes. on H1: GBPJPY formed a valid head and shoulders pattern (in orange) but this setup is not ready to go yet. We are waiting for the sellers to take control. (projection in purple) Trigger => Waiting for a momentum candle close below the gray neckline. Until the sell is activated, GBPJPY would be overall bullish and can still dive inside the green zone. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
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GBPJPY - Wait For The Trigger!
British Pound/Japanese Yen FX:GBPJPY
Hello everyone, if you like the idea, do not forget to support with a like and follow.
GBPJPY is sitting around Weekly Resistance in green so we will be looking for sell setups on lower timeframes.
on H1: GBPJPY formed a valid head and shoulders pattern (in orange) but this setup is not ready to go yet. We are waiting for the sellers to take control. (projection in purple)
Trigger => Waiting for a momentum candle close below the gray neckline.
Until the sell is activated, GBPJPY would be overall bullish and can still dive inside the green zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
