OANDA:GBPJPY   British Pound / Japanese Yen
Entry taken during London Session.
1. Huge volume entering to the market.
2. massive push to the downside breaking the Uptrend channel.
3. Previous Support Turned into new Resistance.
4. Small fib play in the 5 M.
5. Momentum to the downside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.