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bearvsbullmarket
Aug 3, 2017 1:36 PM

Called bears on this at WhatsApp Short

British Pound/Japanese YenFXCM

Description

After seeing the price rejection on GBPJPY, I immediately called bears to occur on this. Sadly before descending, my trade was taken out. Another rationale for entering a short position here was the descending behavior that can be seen on daily at 2017.05.11 to 2017.06.12 in which it shows where temporary correction is to occur before more downside pressure. Beware of the ascending trend line.
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