who is gonna take control of GBP/JPY? bulls or bears?

٢٣ أبريل ٢٠٢١

Hi every one
BRITISH POUND / JAPANESE YEN

the GBP/JPY has formed a broadening wedge pattern with hidden bullish divergences on both MACD and RSI( shown in the left chart). how ever there is also a head and shoulder pattern on the chart as well which if the neckline breaks the price will decrease accordingly.(right chart) what do you think will happen? will it be bearish or bullish?

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck