GBPJPY Watch 886 for sell

HI there,

If you have seen our GBPJPY bigger time frame analysis chart i am sure you know what we are looking for on GBPJPY from this top.


How you can trade on this chart.

1. Watch 886 and look for sell.

Or

2. Watch for the stronger sell from top and join the sell after having correction on lower time frame.


In case price clearly close above the previous high then it will invalidate the impulse. In that case we will watch for the newer impulse from new high before going to short on the GBPJPY.

Good Luck.

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Comment:

Falling hard