0210 GBPJPY waiting for more clues to long
We have two analysis methods here.
Each one is telling different story.
The green one is our last idea that GJ should start dropping from the red resistance zone because we have a green parallel channel that showing a possibility of reflection point on the channel.
What happen if GJ break that red zone? The blue broken trendline makes that possible too.
On that case, GJ will keep rising up to 152-153.5 soon.
And the last 4 days candlesticks now it turning that into truth. We love to expect a rally up to prove that right. Otherwise, give us more clues with bear sign.
Either way, decent pips waiting ahead.
LESS IS MORE!
Each one is telling different story.
The green one is our last idea that GJ should start dropping from the red resistance zone because we have a green parallel channel that showing a possibility of reflection point on the channel.
What happen if GJ break that red zone? The blue broken trendline makes that possible too.
On that case, GJ will keep rising up to 152-153.5 soon.
And the last 4 days candlesticks now it turning that into truth. We love to expect a rally up to prove that right. Otherwise, give us more clues with bear sign.
Either way, decent pips waiting ahead.
LESS IS MORE!
