GBPJPY looking heavy … so what do we do?

draw the geometry … using the move down into the low (dashed blue line) I drew a 90 degree angle (dashed red line) and then “connected the dots” and you can see the geometry of this move.

sure looks heavy and looks like it wants to attack the dashed red line … we break that, it’s not good so to speak.


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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