I'm predicting GBPJPY shorts down to 154.500 this week.
- Price has created a double top on the weekly timeframe, the overall trend is bearish.
- Price has made a massive corrective move to the upside the past two weeks.
- Price will now continue it's bearish trend.
- Price will find support on the daily 50 EMA at 154.500.
- Price has created a double top on the weekly timeframe, the overall trend is bearish.
- Price has made a massive corrective move to the upside the past two weeks.
- Price will now continue it's bearish trend.
- Price will find support on the daily 50 EMA at 154.500.