Daily timeframe of GBPJPY

2020-03-09 13:56:07

Daily timeframe of GBPJPY:
1.You can see the rising wedge pattern is formed on the market chart, but the false breakout candlestick pattern found on the market chart. If the forex traders were the beginner, they would be misled the market structure will be going to uptrend by the false breakout 2.On the Monday market chart,there are three conditions of fulfill the bearish market structures, which are included the bearish pennant is formed on the daily timeframe, the candlestick are resisted at 138.000, and the market structure is going to strong selling when the long selling candlestick is rejected at 136.475