FX:GBPJPY   British Pound / Japanese Yen
Price is between 50 sma and 100 sma
Price below 50 sma so bearish bias

If price breaks above 50 sma again
Long Trade
Buy Stop @ 143.20
1st Buy Take Profit @ 143.60
2nd Buy Take Profit @ 144.60

If price stays below 50 sma
Short trade
Sell Limit @ 142.90
Sell Stop @ 142.20
Sell Take Profit 141.40

Watch Macd for direction
Find a SL
Comment: 30M CHART PERSPECTIVE
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