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Preet_Bhamra
Jan 4, 2018 3:53 PM

GBPJPY short opportunity at resistance level 153.250 Short

British Pound/Japanese YenFXCM

Description

Look at all the fib confluence at the resistance level. We can look to enter short within this point in the market. Market just broke and closed above previous structure resistance which indicates a further move to the upside. Next level to look for is within that red zone at which we can look for a short entry. Stops would be placed above 153.400 even handle and we could shoot for targets back down into 152.800s

Trade closed: target reached

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