GBPJPY - Sell (15 min) missed trade Short

British Pound/Japanese YenFXCM

Description

⋅ Oct 25, 2020 8:28 PM

EMA cross first bounce trade

Price consolidated, EMAs crossed, price broke to the down side.
137.200 is an institutional level, sitting in between our entry zone.
4 hour also uses 137.200 as a S/R price

Remember we're looking for confluence on all time frames