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blakerewiribrown96
Mar 26, 2020 6:17 AM

GJ Short

BRITISH POUND / JAPANESE YENICE

Description

GJ short

Gj on the daily time frame has come and rejected the 0.618 retracement level showing a big rejection from yesterdays candle stick

4 hour time frame we have failed to create a new higher high

1 hour time have respected the counter trend line
failed to create new higher high
if we can break previous support @130.500 which has acted as support if market can break that level
and retest confirming market is ready to continue to the down side

Potential 1:5 RR

although GBP news is schedule tonight @1030pm EST
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