GBPJPY - almost there after a week of consolidation!
Dear team,
As mentioned on the chart the situation has changed slightly here. Now we have some more information on the one hour timeframe we can draw an adjusted descending triangle pattern. I expect that we will re-touch the upper limit of this before we drop, but if we don’t, look for a break below the floor of the triangle.
As ever, good luck on trade safe!
DrBear
As mentioned on the chart the situation has changed slightly here. Now we have some more information on the one hour timeframe we can draw an adjusted descending triangle pattern. I expect that we will re-touch the upper limit of this before we drop, but if we don’t, look for a break below the floor of the triangle.
As ever, good luck on trade safe!
DrBear
