15 minute timeframe.
A fibonacci cluster is appearing around a very psychological and major resistance level, around 137 flat.
Good luck to all trading GBP/JPY !!
A fibonacci cluster is appearing around a very psychological and major resistance level, around 137 flat.
Good luck to all trading GBP/JPY !!
Note
Here are the details. 88.6% completion point coming in at 136.990 with the ab=cd completion at 136.985, within a 5 point or 5 tick range. The red highlighted rectangle illustrates regular bearish divergences from where we started to see prices decline. Nice to see the Gartley completion point in this zone.. Trade closed: target reached
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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.