Hey traders, while analysing the intraday timeframe for GBPJPY i noticed that the price failed to make a higher high to continue with a bullish move. And finally we can see a head and shoulder pattern in 3h. This is a great signal for a further bearish move. I'll look for shorting opportunity only once the price breaks and retests on the neckline.
What is your opinion?
What is your opinion?
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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.