Last bullish retracement (invalidated)

FX:GBPJPY   British Pound / Japanese Yen
70 3 3
We have a descending trendline . If not breached by line X, this could start bearish EW# 1
Waiting for bull strength to die down and enter the 15 period MA and cross the pink line.

**** trade invalidated will analyze this pair again later.***
****Orders cancelled. Price never crossed the pink line**
Trade Idea invalidated :-) Looking for opportunities to go long.
WOAH! That was a strong move up!
shevectorie InsideMarket
That doesn't erase the strong move down to the left :-). Im not in the trade, just studying and creating boundaries.
+1 Reply
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