GBPJPY is within a parallel descending channel and we are approaching the channel resistance as well as a 4H structure. Anticipating JPY strength soon which would help push GBPJPY down.
Watch lower time bearish rejection and once entered, stops above the channel.
See linked chart below on how to trade channels.
Goodluck and trade safe!
Watch lower time bearish rejection and once entered, stops above the channel.
See linked chart below on how to trade channels.
Goodluck and trade safe!
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Crypto VIP: t.me/CryptoWickBot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Crypto VIP: t.me/CryptoWickBot
