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traderh
Apr 6, 2023 3:33 AM

GBPJPY, 23.04.06, Asian Session Short

British Pound/Japanese YenFXCM

Description

Now it's confirmed. We have entered bearish phase. Dailies show the significant break of higher high and higher low.

I plotted areas where it is best to short:
23.6% = 163.65
38.2% = 164.15
50% & previous day's high = 164.60
61.8% = 165.00

For bullish traders, there's a small window of opportunity to enter now at 164.10.
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