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pav4ito

GBP/JPY Resistance Bounce + Trendline Break SELL

Short
British Pound / Japanese Yen (FX:GBPJPY)  
pav4ito Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
3
0
trendanalysis chartpattern waveanalysis
GBP/JPY rejected the 4 hour resistance as shown in the chart. It also broke through the 4 hour trendline. I am currently looking for a retest or another form of sell setup before I enter this trade. If we break above the trendline the trade is voided.
Comment:
snapshot

Trendline rejection, I may start looking for a BUY setup if I see more confirmation
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