GBPJPY

GBPJPY

HELLO TRADERS I AM KELACHI FROM NIGERIA, I HOPE YOU BENEFIT FROM THIS ANALYSIS. NOTE THAT MARKET IS REACTIVE AND NOT PREDICTIVE.

GBPJPY COMPLETED A HEAD AND SHOULDER PATTERN AND ALSO ACHIEVED A CORRECTION FROM A STRONG IMPULSE.



AFTER A CORRECTION AN IMPULSE IS EXPECTED IN OTHER WORDS WE WILL BE LOOKING TO TAKE A LONG POSITION. ALSO MARKET IS SHOWN A CLEAR PRICE REJECTION.

PRICE IS CURRENTLY AT THE A RESISTANCE ZONE , IF IT BREAKS A LONG POSITION CAN BE INITIATED.

IF YOU FOUND THIS EDUCATIVE AND INFORMATIVE PLEASE CLICK THE LIKE AND FOLLOW FOR MORE.