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Cmasterza

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Short
British Pound / Japanese Yen (FX:GBPJPY)  
Cmasterza Updated   
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis GBPJPY gbpjpyshort profitfx chartmaster cmasterza
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chartpattern trendanalysis gbpjpy gbpjpyshort profitfx chartmaster cmasterza
GBPJPY

1. Major resistance reached
2. Possible pullback to take place
3. Awaiting sell signal (like emerging bearish engulfing candle pattern)
4. 147.500 should be a good target

More details to follow
Comment:
Not convincing enough and the bearish engulfing didnt complete. I will wait to see if a retest of the resistance takes place before making a call.
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