forexopl
Short

GBP/JPY Short - Daily TF

FX:GBPJPY   British Pound/Japanese Yen
29 0 1
Currency Strength: GBP -1, JPY +7

On the daily we have a bearish V-formation. We will wait for price to enter our zone (between the two dotted blue lines) to go short. Flip down to a 4 hr             TF to read candle/price action to determine suitable area to enter. TP will be at the test of recent lows ( Green line).

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