Forexian

Guppy, a nice short-term sell (possible longer-term)

Short
Forexian Updated   
FX:GBPJPY   British Pound / Japanese Yen
(It's similar to the GBPUSD idea and follows the same wave count please check it out for more info... )
As mentioned before, we are looking for sell setups only.
There is a nice sell setup here at least to the line.

Watch it when we reach to the line, if it breaks and makes another flag, we can sell again.

When it reaches to the area shown by "?" watch the price action, it can go for a deep pullback.

Scenarios have shown on the chart.

Trade with care and stay green.

Please let me know your view about the idea

Check out the "Related ideas..." in the links below too
Order cancelled:
It didn't make a flag and just moved up somewhat sharply

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