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EdgarMartinez

GBPJPY SHORT SWING POSITION

Short
British Pound / Japanese Yen (FX:GBPJPY)  
EdgarMartinez  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis
3
0
trendanalysis waveanalysis
Here we have GBPJPY on the daily and 4hr time frame, big bearish candle closed on H4 indicating further downside on this pair.

Before entering this trade i will wait for a retest before placing a sell order, if this par was to break the trendline to the upside the sell order will no longer be valid anymore.
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