GBPJPY Bearish Rising Wedge. A nice setup for Short.
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ANALYSIS:
GBPJPY is making Bearish Rising Wedge. So when the Breakout of GBPJPY starts. We will take entry. The First target is at 38.2(fibonacci level) which is about 1500 pips.And the Second target is at 61.8(fibonacci level) which is about 2500 pips.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
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GBPJPY is making Bearish Rising Wedge. So when the Breakout of GBPJPY starts. We will take entry. The First target is at 38.2(fibonacci level) which is about 1500 pips.And the Second target is at 61.8(fibonacci level) which is about 2500 pips.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
FOLLOW Me for more ideas....
Leave a Like,Comment if you Agree
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