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JoeMatkinFX

GBPJPY Retest of broken trend line.

Short
British Pound / Japanese Yen (FX:GBPJPY)  
JoeMatkinFX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Beyond Technical Analysis retest breakout Bearish Patterns fakeout retracement sma Technical Analysis
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trendanalysis waveanalysis beyondta retest breakout bearish fakeout retracement sma technicalanalysis
GBPJPY Retested broken trend line.
200EMA Acting as dynamic resistance
0.382 On fib acting as resistance?

Enter IF
Maybe enter if there is candle stick pattern.
If there is bearish 8EMA21SMA crossover.
If there is nice big bearish candlestick formation.
There is a lot of bearish volume.
Or on my other trade you can see a nice support zone on this pair. If it break that maybe that is a good place to enter?

More analysis on this pair soon.. Good luck !
Please only enter if there is enough confluences.
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