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TomProTrader
Sep 16, 2016 10:28 AM

#GBPJPY: Bulls Lost Steam, Bears In Force! #Forex Short

British Pound/Japanese YenFXCM

Description

A touch on sideways resistance, with bearish candles suggests a good shorting opportunity here to the lows. Indecision was here but the range has been broken, lows expected. Price about to dive, creating a minor death cross on the moving averages, this will further ignite a downside move. Hope you have a tested trading plan to catch this move when it starts.
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