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jojofang0901
2020年11月13日早上3點12分

GBPJPY next higher time frame run  看空

GBP/JPYOANDA

描述

Hi traders:

GBPJPY has begun its bearish move on the lower time frame, good indication that we may resume the higher time frame bearish run.

Overall price action was in the larger deeper parallel channel structure, correcting the price.

We see price was in the ascending channel structure, and had a strong reversal bearish impulse down.

After such aggressive run, naturally price needs to correct itself and form a deeper continuations correctional structure.

Latest price we see price gets push to the upside, and reversal price action begun.

Look for get into this potential HTF bearish move, wait for correction on the LTF to get in the sell.

Thank you



評論

HTF:

評論

Waiting for LTF correction to complete.
評論
Mahtab_Tradia
Nice Chart, thanks 🙏🏻
InkyGrip
nice chart! thanks! 🦐👏🏻
jojofang0901
@plancton0618, thank you
CriptoJoe
Do you think that Brexit may affect in any way the GBP pairs? great analysis. Thank you
jojofang0901
@johanam31415, certainly possible, but we can not "guess" or "predict" what will happen to the market. All we can do it to "react" to the price action structure and market condition to make a decision on an entry. hope this help :)
KlejdiCuni
If that resistance zone is going to hold, the downward movement will be very strong. Perfect analysis!
jojofang0901
@KlejdiCuni, thx bud :)
Fisher_Fx
really bearish structure. let's see how far it can go
jojofang0901
@Fisher_Fx, yes, certain possible for that bearish continuation in the near future.
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