61.8% GBPJPY Retracement on Bearish Channel Penjualan

British Pound/Japanese YenFXCM

Deskripsi

⋅ 24 Okt 2019 pukul 16.46

One of my favorite setups... super simple, price has reached the descending resistance trendline on this channel. it is in confluence with the 61.8% fib retracement. i have had my eye on this setup for the last 2 days and because price has experienced rejection and held at this level i am now in this trade.

Komentar

castroynr

⋅ 24 Okt 2019 pukul 18.18

Same here ! At the end of the bullish movement to the resistance trendline, price formed a rising wedge

DanielKyalo

⋅ 25 Okt 2019 pukul 11.19

1day timeline that's what I also use.. hoping the trend will continue downwords next week and also won't be affected by the brexit...

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