GBPJPY Sell Setup
已更新
Hello traders:
Looking at GBPJPY for bearish continuation price action.
We see price was correctively moving up in this parallel type of ascending channel, and from the top we see price impulse out of the channel.
Such strong momentum, breaking out impulsively will require a correction structure to continue the sell.
I see two possible scenarios:
-Price either made a corrective push up, forming a potential right shoulder for the H and S pattern and sell from the top
or
-Look for continuation correction now and enter once we see a confirm breakout from that structure
Look for the lows of the higher time channel structure as a potential long term target.
Thank you
Looking at GBPJPY for bearish continuation price action.
We see price was correctively moving up in this parallel type of ascending channel, and from the top we see price impulse out of the channel.
Such strong momentum, breaking out impulsively will require a correction structure to continue the sell.
I see two possible scenarios:
-Price either made a corrective push up, forming a potential right shoulder for the H and S pattern and sell from the top
or
-Look for continuation correction now and enter once we see a confirm breakout from that structure
Look for the lows of the higher time channel structure as a potential long term target.
Thank you
註釋
註釋
Waiting for this correction to complete註釋
Look for more corrections to get in the sell down. 
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。