Spicy_Day_Trader

GBPJPY SHORTS! 100 PIPS!

Short
OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY is still making a deep pullback from the parabolic bull run it had back in October.

- GJ is heading down to 152.500 to make a double bottom on the daily timeframe.
- GJ is currently preparing for another huge bullish reversal.
- GJ still has another 100 pips to go before completing it's retracement, this is a swing trade.
- GJ should start heading up towards the end of the week.

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