Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBP/JPY- Consolidation Finished?
British Pound / Japanese Yen
Short
GBP/JPY- Consolidation Finished?
By Jackthelad26
Follow
Follow
Updated
Sep 2, 2022
0
Sep 1, 2022
1 month consolidating triangle looks like its ending. 3rd touch of lower trend line
Zooming out , price has made 4 peaks since April, unable to go higher.
Price below 20/50 MA and aiming down
TP - May lows 155
Sep 2, 2022
Trade closed manually
I was anticipating a break down from the lower trend line. Price bounced
Chart Patterns
GBP
GBPJPY
jpy
Trend Analysis
Jackthelad26
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.