GBP/JPY Waiting for the Breakout

١٢ أغسطس ٢٠٢٠

🔸4H CHART EXPLANATION:
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🔸Price is moving on an Ascending Channel.
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🔸Now, it is facing the Resistance Zone.
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🔸 Before considering long trades, we are waiting for a breakout of the Resistance Zone.
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🔸 Will look for a lower timeframe bullish setup.