lawlee9

GBPJPY - Short for a correction

Short
lawlee9 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Found resistance and broke rising trendline.
Completed wave 3 of the higher timeframe.
Down move into support along with a rising trendline support level.
With the strong down move, expecting a swift and quick move to the target area.

Long term bullish on the pair so looking for the long entry at that level.
Comment:
Long active from TP of short. Looking for resistance at the previous highs, however I am still very bullish on the pair and so we might see a break through at the retest.

Comment:
Price heading to target area. Looking for short again.

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