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Eduard
Dec 4, 2017 8:44 AM

GBP/JPY Intraday Bearish Short

British Pound/Japanese YenFXCM

Description

Morning Traders!

Price stuck between 2 D1 interest levels, so i was waiting the price to show me where it was going to move: to the D1 support or to the resistance.

If we have a look at the M15 TF we see that the price did a lower low while it is doing the same highs. 152,000 seems to be a strong resistance for the price as it has been rejected several times.

So i expect the price to reach the next support level at 151,150.

Good Trading Traders!

Trade closed manually

Closed at Break Even, news coming in 10 min. Risk not worth it.
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