Hi guys,
Please see attached my GBPJPY 4H chart analysis.
As we can see the pair is trading in a wedge pattern which i have marked out on the chart, with this we will watch closely to wait for touches at support and resistance of the wedge and also for a breakout.
I have drawn out the structure level which i would look to reach if the wedge breaks to the downside.
I will be watching this carefully.
Add to your watchlsit.
DWFX
Please see attached my GBPJPY 4H chart analysis.
As we can see the pair is trading in a wedge pattern which i have marked out on the chart, with this we will watch closely to wait for touches at support and resistance of the wedge and also for a breakout.
I have drawn out the structure level which i would look to reach if the wedge breaks to the downside.
I will be watching this carefully.
Add to your watchlsit.
DWFX
