GBPJPY Trade Plan
Bullish Indications
1. Series of HH, HL
2. Bullish candle stick patterns
3. Trendline is supporting the bullish trend
4. Fib support at 168.060
5. In the last 30 years, December was bullish 20 times.
6. Divergence Indicators are showing bullish divergence
Bearish Indications:
1. Strong resistance ahead at 168.740 and 168.974
2. AB=CD pattern completed, so a reversal can be expected.
1. Series of HH, HL
2. Bullish candle stick patterns
3. Trendline is supporting the bullish trend
4. Fib support at 168.060
5. In the last 30 years, December was bullish 20 times.
6. Divergence Indicators are showing bullish divergence
Bearish Indications:
1. Strong resistance ahead at 168.740 and 168.974
2. AB=CD pattern completed, so a reversal can be expected.
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