OFPA_FX

GBPJPY: Potential Bullish Reversal

Panjang
FX:GBPJPY   Paun British / Yen Jepun
After a strong daily bearish closed, price stalled with an inverted daily hammer. Looking to the left, we can see that the area use to act as a support and resistance on countless occasion. And possibly acting as a support again now. I'll be looking for a LONG trade for this pair.

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
Penafian

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