PriceActionTrading

Potential re entry into trend

Long
FX:GBPJPY   British Pound / Japanese Yen
H4 pin bar spotted at key support trendline. However, i will not look to buy into just it yet as D1 has recently taken a beating and the beating could continue to 180 level depending on how today closes. i will only enter if a pin bar or rejection pattern is formed on the trendline end of today 05 / 01 /15.