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uurr273
Aug 2, 2021 10:53 PM

GBPJPY Sell Short

British Pound / Japanese YenFOREX.com

Description

Looking at price to range within this Descending Triangle.

Price has manipulated the highs and rejecting off the descending trendline.

At lower time frame: Lower Highs (LH) and Lower Lows (LL) can be seen. Price is retracing back to the trendline where the first sell entry will be sought.

Sell entry 2 will be upon the correction proceeding the broken support.



Let me know what you think.

Comment



Still bearish for me unless fundamentals change.
Comments
UnknownUnicorn4127634
Loving this idea. Keep up the good work!
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