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Marenno
Aug 15, 2016 8:08 PM

Short entry area for GBPJPY Short

British Pound/Japanese YenFXCM

Description

Currently do not see any reversal signs (long term), so the down move continuation is highly possible.

The price is at the possible reversal zone on a long term time frame.

I would personally go short in case of the short entry signal appearence around 131.400 area.
Comments
isuru003
looks like it didn't reached short entry area yet. Should we wait till it reached or enter now?
Marenno
It all depends on your trading style, but I will wait
FxRanger
Thank you .Nice to deal with you
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