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danieljamesfx

Nice Short Opportunity on GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
danieljamesfx Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Moving Averages GBPJPY short Good Risk/Reward long-term Bearish Patterns GBP jpy
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trendanalysis chartpattern movingaverage gbpjpy short goodriskreward long-term bearish gbp jpy
Looking for some nice short opportunities to the downside for GBPJPY.

Would like to see price to move to the downside towards structure #2 before retracing back to structure #1. If price was to stay under that marked structure, then would like to see further movement to the downside to the overall target which is marked. Would like to get some peoples thoughts and opinions on this!

Please note this is an analysis of my own personal opinion, don't take this analysis as gospel.
Comment:
Well that didn't go to as planed.
Trade closed: stop reached
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