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FullTimeTrader
27 apr 2015 15:10

GBPYPJ-big bearish cypher Kort

British Pound/Japanese YenFXCM

Beskrivning

Long term this pair is still bearish and is making a big correction.
We can see a bearish cypher almost completed.
If this pattern works i expect a big move due to M1 and W1 top down analysys.
Some additional confluence signals.

- R1 pivot resistance
- 1.85000 level

Best regards
Kommentarer
JoelSamuel
Very nice chart! But i'm not sure about your conclusion, if it is going bullish or bearish. I have also analysed this chart and It has just hit my resistance, so assuming a bearish momentum untill 174.894.
Mer