Possible GBPJPY Short incoming.
Weekly level resistance shows strong Bearish rejection.
We have a double top pattern formed on the Daily chart, which closed below a minor Daily zone.
We have strong Bearish momentum on the 4H, waiting on the pullback and confirmation for a further push to the downside.
Here we are waiting for a simple Break & Retest strategy to play out.
Weekly level resistance shows strong Bearish rejection.
We have a double top pattern formed on the Daily chart, which closed below a minor Daily zone.
We have strong Bearish momentum on the 4H, waiting on the pullback and confirmation for a further push to the downside.
Here we are waiting for a simple Break & Retest strategy to play out.
Followed the Trading Plan & applied good Risk management.