Potential GBPJPY BUY

٣ نوفمبر ٢٠٢٠

I have analyzed this graph and am seeing a potential buy on this pair. With USD and CAD pairs exposed to extreme volatility during elections, I feel as if other European/Asian pairs might take off. This is showing a heavy resistance trend and has broke the line once or twice, potentially forming a W-bottom. I am not entering this trade, but following to see how it plays out. Add me on instagram @chrisr.fx