GBP/JPY: clean price action. Time to go short?

As it can be noticed from the graph, the price is forming a top at the area of local resistance that lines up with 50% Fibonacci retracement level. From here, we are expecting for the price to keep dropping down till the 159.5 zone of support that is illustrated on the chart.
FibonacciforextradingGBPJPYinvestroypriceactionSupply and DemandSupport and ResistanceTechnical Analysis

更多:

免責聲明