Marenno

GBPJPY Bearish scenario

FX:GBPJPY   British Pound/Japanese Yen
51 0 1
The price currently at the very important balance level 1M TF Resistance level , with a 1D resistance Level is giving us a strong Reversal 183.750-184.500 area.

The price doesn't show any reversal Patterns at the moment, however, Normaly the price is not slowing down in the 183.500 area, when it slows, it does give us a potential reversal scenario.

Wait for a Bearish patterrn to appear, sell, 1target 181.500, 2nd target 180.250, 3rd target 179.000, SL above 185.00
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