GBPJPY is neutral between the Falling Resistance and a 1 year Rising Support Zone.
This creates an opportunity to scalp inside a Triangle pattern.
Besides that, buy above the Falling Resistance and target 166.000 (Resistance A + 0.618 Fibonacci) and sell under the Rising Support Zone and target 155.550 (Support A).
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This creates an opportunity to scalp inside a Triangle pattern.
Besides that, buy above the Falling Resistance and target 166.000 (Resistance A + 0.618 Fibonacci) and sell under the Rising Support Zone and target 155.550 (Support A).
Follow us, like the idea and leave a comment below!!
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