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Casey_Yeo
May 26, 2015 1:10 AM

GBPJPY 

British Pound/Japanese YenFXCM

Description

Near term trend is up.
Bearish engulfing candles printed at key resistance zone with price rejected 190 psychological round number.
RSI showing bearish divergence.
One thing to consider now is whether there is a favourable reward-risk ratio to take this short.
Comments
tntsunrise
WAIT FOR 0.618 PULL BACK AND ENTER SHORT
Casey_Yeo
50% is possible too.
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