TheDoc88

GBPJPY possible short to yearly low

Short
TheDoc88 Updated   
FX:GBPJPY   British Pound / Japanese Yen
6
Scenario #1
After price break the key level support,
we will wait for a retest (where support now possible become a resistance)
and wait for a confirmation to short
with target to the lowest yearly level.

Scenario #2
If price move back up,
key level support is still intact and valid..
might entering a consolidation or sideway phase
before any breakout..
if breakout happened, always wait for a confirmation before open position...


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Comment:
GBP no retrace o_o
LOL
Have you ever heard a quote...
"A trading setup is like a train, there's always another one coming."
Comment:
possible sell on any rallies
Trade active:
enter small positions :)
Comment:
Sell zone
Comment:
Re-enter another short position
Comment:
testing key level resistance, possible adding another short
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