Head and shoulders pattern on GBPJPY/ The fall is more likely!
Hello everyone,
I see a great sell opportunity on GBPJPY. The pair looks like it is printing a head and shoulders pattern. I am waiting to see if there can be further bearish developments to the downside and take sell opportunity. For best entries it is wise to wait for price to break below the neckline and see if there can be a solid retest of the area.
My goal will be 151.400.
Please support this idea with likes if you find it helpful. I will be thankful.
If you have any thought on this please be kind to share it in the comment section below.
I see a great sell opportunity on GBPJPY. The pair looks like it is printing a head and shoulders pattern. I am waiting to see if there can be further bearish developments to the downside and take sell opportunity. For best entries it is wise to wait for price to break below the neckline and see if there can be a solid retest of the area.
My goal will be 151.400.
Please support this idea with likes if you find it helpful. I will be thankful.
If you have any thought on this please be kind to share it in the comment section below.
