GBPJPY is moving in a descending channel on the 4Hr Timeframe.
The pair has now tested the resistance line of the channel and has started falling towards the support line of the channel.
Lookout for short position opportunities.
Please like and comment to support this idea
The pair has now tested the resistance line of the channel and has started falling towards the support line of the channel.
Lookout for short position opportunities.
Please like and comment to support this idea
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.