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GBPJPY - 4H CHART ANALYSIS

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Hi everyone,

Please see attached my GBPJPY chart analysis on the 4H timeframe.

As we can see from my other chart analysis which i have tagged the wedge was broken to the downside and we had a big push down close to the key structure area and we now have it slowly making a recovery back to the upside.

With this i would add it to your watchlist and wait for a retest on the key structure area and await pivot candles and run this along side a RSI or stochastic to maybe see if there is any more confirmation on the retest for a push to the upside, if so look for buy entry.

Any likes or comments would be much appreciated people.

Follow for daily chart updates!

DWFX

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