GBPJPY FINALLY REJECTS RESISTANCE!!!
After the sweet profitable uptrend on this pair, we saw price get to a resistance level and stall.
This is a 4-hour and daily resistance. After the stall came consolidation for a while, but now we see price leaving the area with bearish pressure.
We're joining the start of a possible downtrend now and will be looking for trade opportunities as the current level has been violated.
We'll wait for a pullback into the level before taking sells.
This is a 4-hour and daily resistance. After the stall came consolidation for a while, but now we see price leaving the area with bearish pressure.
We're joining the start of a possible downtrend now and will be looking for trade opportunities as the current level has been violated.
We'll wait for a pullback into the level before taking sells.