Hello traders, here is a trade Idea I am waiting on GBPJPY. As you can see price broke ascending trend line and its on its way to form what it will possibly be a Head and shoulder pattern.
Will wait for retest and monitor price action on highlighted area to look for short opportunities
I suggest you to keep this pair in your watchlist to see if you can take advantage of this opportunity. ____________________________________________________________________________
I will only take this trade if all my rules and entry confirmations are aligned.GBPJPY Before you trade my ideas please compare with your charts and do your own analysis. _______________________________________________________________________________
Drop a like and let me know on the comments if you have any thoughts or if you have a different point of view on this analysis, any comments will be welcome.
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