Analysis on #GBPJPY
Similar to my analysis on GBPCHF the market developed a strong top, in fact, two tops and that is why I am looking for a sill only on this market as you can see the market also broke trend line support now turned to resistance
>> If the market develops a retracement toward 155.80 resistance level also FIB 0.61 level I will then look for a sell entry with a good risk to reward ratio
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Similar to my analysis on GBPCHF the market developed a strong top, in fact, two tops and that is why I am looking for a sill only on this market as you can see the market also broke trend line support now turned to resistance
>> If the market develops a retracement toward 155.80 resistance level also FIB 0.61 level I will then look for a sell entry with a good risk to reward ratio
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
