GBPJPY short UPDATE (Supply and Demand) Triangle Pattern

2019-11-11 19:34:21

Price was very violent today. It went up to the Supply Zone. Also it is at the top of the triangle pattern. I expect price to drop now. Target should be the Demand Zone. This is a great amount of pips.
Also we could see a break out of the triangle. But this is not clear yet. Price could go up again. But we will see.

I will post a long therm Analysis later for GBPJPY which shows my view. But for now you can trade the Supply Zone very easily.

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