joelittlenc

Bearish option for GBPJPY it it sets up during Asian/London open

Short
FX:GBPJPY   British Pound / Japanese Yen
Could see some movement for a bearish movement once retesting a prior high. If a break below the current level then sell entry setup for BRT or breakout traders. At the moment it is holding some momentum for the Long position, look for weakness near the prior high and a failure to overtake it. High volume could make for some consolidation before a continuation pattern forms.
Order cancelled:
Came short for the right shoulder entry.

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