0103 WKP4 GBPJPY looking fo a new downtrend for 1000 pips

2020-03-01 15:56:35

We were so worry that GBPJPY will test last high first before making a strong bear downtrend.
Now a strong bearish can appeared last week just killed all the worries.

GBPJPY actually has a very strong bear signal now on this weekly chart.
1. RSI hidden Div.
2. Bearish signal on weekly chart.
3.A new possible downtrend channel for us to follow.

Of course, price of GJ might pull back a little before making a new bearsh can.
That will be a chance to look for a entry to sell.

Good luck!!!
LESS IS MORE!