Pattern: Parabolic rise on 1D.
Signal: Bearish as it is approaching a Symmetrical Resistance level (rejected the price 8 times since 2016) with the RSI on 3 year highs.
Target: 137.000 (Symmetrical Support).
*Such long term symmetries are useful and quite accurate. I have successfully implemented this approach on my last GBPJPY buy signal:
Signal: Bearish as it is approaching a Symmetrical Resistance level (rejected the price 8 times since 2016) with the RSI on 3 year highs.
Target: 137.000 (Symmetrical Support).
*Such long term symmetries are useful and quite accurate. I have successfully implemented this approach on my last GBPJPY buy signal:
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💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!