I am looking for a place to short the GBP JPY as it has broken the longer term up trend and looks like it topping. If this Garley completes I will expect another push up before heading lower. It would be forming a bit of a head and shoulders pattern as well.
Kommentera
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Another little Bull pattern in here now. Still expect a small push back up then a drop. I am waiting for the bigger down move not trading these Bull patterns because I feel the neck line of this HS pattern may break.
Kommentarer
UnknownUnicorn261897
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Nice analysis. Most of these xxx/JPY pairs are in consolidation/pullback