GBPJPY Analysis 23/1/21
Daily outer channel (red)
Ascending triangle forming on 4 hour (orange)
Resistance 142.200
Could form a breakout to the upside and target outer daily channel.
Or could form a fakeout and catch people on the wrong side of the market before selling all the way down - as it is an ascending channel.
Will wait to see what happens at 142.200.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
Ascending triangle forming on 4 hour (orange)
Resistance 142.200
Could form a breakout to the upside and target outer daily channel.
Or could form a fakeout and catch people on the wrong side of the market before selling all the way down - as it is an ascending channel.
Will wait to see what happens at 142.200.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.