The 5%ers' Blog

Swing Analysis GBPJPY 23/05/18

May 23, 2018 | 2:05 pm | The 5%ers' Blog
May 23, 2018 | 2:05 pm
The 5%ers' Blog

The GBPJPY is in a strong bearish momentum and it seems that the next

Demand from the left (can see on a daily chart) that can stop this bearish trend is at -144.20 zone.

The supply above seems like a great level to join this momentum if the price will back there, therefore

If the price will back to visit this supply I’ll sell there and my target will be 144.20 zones.

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Our Tradingview Channel: https://www.tradingview.com/chart/GBPJPY/5z6BxOYJ-Swing-Analysis-GBPJPY-23-05-18/

 

 

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