Bearish Overview for GBP/JPY Pair - Ready to Sell ..!!
We Can notice Here some useful info, which can help us to Make the Right decision
Here's What We See:-
-In the last Move ,Price Broke Kumo Cloud and& Close below it.
-Price Also Broke a Previous support Structure Level & minor Uptrend (Nick line) ,indicate a decreasing of Buying .pressure .
-Chikouspan Also Broke Price & Kijun Sen, But Still above the Kumo.
-Price now May Re-test Broken kijun sen and Previous Support Structure and Then Reverse .
-With Potential H&S Patter and Our Future Kumo Bearish Twist , That's Confirming our Negative over View.
-We Need a Bearish Price action Activity as a trigger to Our New Short position .
-Be Sure To Be ready ...!!
-Thanks a lot ...!!
Here's What We See:-
-In the last Move ,Price Broke Kumo Cloud and& Close below it.
-Price Also Broke a Previous support Structure Level & minor Uptrend (Nick line) ,indicate a decreasing of Buying .pressure .
-Chikouspan Also Broke Price & Kijun Sen, But Still above the Kumo.
-Price now May Re-test Broken kijun sen and Previous Support Structure and Then Reverse .
-With Potential H&S Patter and Our Future Kumo Bearish Twist , That's Confirming our Negative over View.
-We Need a Bearish Price action Activity as a trigger to Our New Short position .
-Be Sure To Be ready ...!!
-Thanks a lot ...!!