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CortesTeam

GBP/JPY: Closing in to a major reversal area

Singkat
Paun British / Yen Jepun (FX:GBPJPY)  
CortesTeam  
FX:GBPJPY   Paun British / Yen Jepun
Fibonacci Retracement Fibonacci fibo Fibonacci Cluster confluence structure structure-trade structuretrade Support and Resistance Support and Resistance reversal potentialreversalzone price-action
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fibonacciretracement fibonacci fibo fibonaccicluster confluence structure structure-trade structuretrade supportandresistance supportandresistance reversal potentialreversalzone price-action
We are looking at the GBPJPY approaching a major level of structure (Resistance) in confluence with a major fibonacci level (The 61.8). We will be waiting for the price to show reversal proce patterns, not likely to enter aggressive in this trade,

Of course if it breaks above the resistance, we'll start to look for long opportunities.

Remember guys, Eyes on your mind. not on your trade

CortesTeam
Penafian

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