JasonFosterII

GBPJPY Daily Head & Shoulder

Corto
FX:GBPJPY   Libra esterlina/Yen japonés
Been very strong in Buy Analysis for GJ since Covid correction. Currently see a huge possible Head & Shoulder on Daily. To add some confluence there's Bearish Divergence on Daily as well. This last push up also created some Hidden Bearish Divergence.

4H Chart also showing Bearish Divergence and trend channel (wedge).

Daily could have a massive fall towards the bottom of 200 Bollinger Band. Which would complete Head & Shoulder pattern...
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