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GBP/JPY about to drop by ThinkingAntsOk

Short
British Pound / Japanese Yen (FX:GBPJPY)  
ThinkingAntsOk  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP jpy GBPJPY short trade
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trendanalysis supportandresistance mtfa gbp jpy gbpjpy short trade
4H CHART EXPLANATION:

Price broke the Ascending Channel and has bounced at the Support Zone. The bearish scenario is almost confirmed, but we need that to the Support Zone to be broken. Once that happens, then we will look for a lower timeframe confirmation to take a short trade.

DAILY CHART:

snapshot

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