GBPJPY: Trading Plan

1 039
snapshot

Pound yen formed a nice double top pattern retesting a local hourly high.

in case if we see an hourly candle close below 137.7 neckline level,
chances will be high that the price will drop.

first goal - 137.29

in case of hourly candle close above the yellow zone, setup will be invalid

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.