Bearish GBPJPY - Waiting For Confirmation
Bulls losing momentum.
Uptrend line breakout.
MACD bearish divergence.
Waiting for a bit more confirmation that the uptrend is weakening. Looking for a potential break of 20 EMA or 9 EMA /20 EMA crossover and might look to trade the retest at the resistance line.
Uptrend line breakout.
MACD bearish divergence.
Waiting for a bit more confirmation that the uptrend is weakening. Looking for a potential break of 20 EMA or 9 EMA /20 EMA crossover and might look to trade the retest at the resistance line.