GBPJPY looks to be creating a head and shoulders formation near an area of interest which could indicate a major reversal is inbound. On the smaller timeframe, draw a trendline for the right shoulder and will be looking for that to break near the right shoulder.
See links below for other JPY charts.
Goodluck and trade safe!
See links below for other JPY charts.
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.