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Saif_R
Jul 29, 2021 12:10 PM

GBPJPY ON STRONG SUPPLY  Short

British Pound/Japanese YenFXCM

Description

HELLO TRADERS
- Let me remind you that in my recent analysis i have mentioned strong selling because of JPY index Bullish trend.
- Finally the price of GBPJPY approaching my favorite area for entering short position.
- We can have 2 possibilities for execution.
1- Bearish closing on 4H
2- Breakout of Ascending wedge

- Both confluences will work and good luck.
"Attaching my previous analysis for educational purpose"
Comments
Sadamullah
Still valid?
Helical_Trades
thank you for the idea, anything is possible here 👊📉📈⭐
Saif_R
Signal_Forex
Good Analysis
Saif_R
mercifulAnalyst
Nice plan bro....
Saif_R
Tricky20
@MrForex_Global nice plan. Do you really think it can fall that far?
Saif_R
YMGroup
Logical chart !
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