SHORT GBP/JPY Short

British Pound/Japanese YenFXCM

Description

⋅ Dec 12, 2016 10:07 PM

Price has printed an indecision candle on resistance on the weekly and on the daily, potentially showing that the bulls have run out of steam
If price breaks below the daily indecision candle, I will go short targeting the previous resistance level.

⋅ Dec 13, 2016 2:06 PM

Price has created a new higher high, will wait for today's daily candle close to determine next position