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Chuck-Norris
Oct 3, 2017 9:03 AM

Gbp/Jpy Short

BRITISH POUND / JAPANESE YENICE

Description

Hello traders

Gbp/Jpy has formed bullish falling wedge and nice opportunity will come in close proximity of support and resistance line line of the wedge, where price will either rebound or break

Currently on 4H scale, we have shooting star on last candle indicating bearish momentum - it will require careful monitoring near support line

We might be retesting broken support line within the wedge that now acts as resistance

As of this moment, I am in this trade

Take care
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