ProSignalsFx

🏛GBP_JPY RISING WEDGE AT KEY LEVEL↘ïļSHORTðŸ”Ĩ

āļĨāļ”āļĨāļ‡
ProSignalsFx āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:   
FX:GBPJPY   āļ›āļ­āļ™āļ”āđŒāļ­āļąāļ‡āļāļĪāļĐ / āđ€āļĒāļ™āļāļĩāđˆāļ›āļļāđˆāļ™
☑ïļGBP_JPY is very bullish at the moment
However, the pair has reached a strong resistance level
Which you can see on the 3 day chart on the left, which is a bearish signal.
Then, on the 3h chart on the right you can see a rising wedge pattern formed
Which is a bearish sign for us as well!

Therefore, we can expect a pullback from the strong level+pattern
Which is why we are waiting for the breakout of the wedge for confirmation
And then we will short the pair with 3 targets in sight!(IF breakout happens)
SHORT!↘ïļ
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