FX:GBPJPY   British Pound/Japanese Yen
I am currently looking at a retracement to the downside in which my targets are outlined. once my downside target 1 has been hit i feel we should see the momentum back to my upside targets. We can potentially break below the OUTER T.L and hit the yellow barrier highlighted which will be a retracement the 0.61 level which is a confluence before price makes the move to the upside.

for me to go short beyond my first downside target 1= downside targets 2 and 3 i will need to see a clean close and break below the outer T.L and the yellow barrier on the DAILY TF and also a M.A cross over to downside.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out