week12 GBPJPY D1 resumes downtrend with head and shoulders


Week to week, price is on the downtrend. The recent 4 weeks head and shoulders will be completed soon , pending a day close. on line chart the topping pattern can been seen as a validation of the 52 weeks resistance

week12 GBPJPY D1 head and shoulders 220316

Waiting for a h4 trappedtraders signal will be ideal or entry