GBP/ JPY POSSIBLE SHORT !
Back in June we saw a beautiful head and shoulders pattern. which, since then the price has failed to break above.
During the beginning of this month July , we have seen price push back up to our RED resistance level only to fail yet once again to break through.
At present, we have seen price break out of this upwards push followed by a retest and the beginnings of a possible SHORT position for Monday.
Back in June we saw a beautiful head and shoulders pattern. which, since then the price has failed to break above.
During the beginning of this month July , we have seen price push back up to our RED resistance level only to fail yet once again to break through.
At present, we have seen price break out of this upwards push followed by a retest and the beginnings of a possible SHORT position for Monday.