Hey guys fairly new to trading just looking for thoughts on GBPJPY shorting. It's broken daily/hr upwards trendline and has retraced slightly. Looking to enter a short position with SL above the trendline and prior support. FTSE100 has been in a very big uptrend, is at historic highs and is expected to continue past the 8k mark.
Please let me know what you think of this short and as mentioned quite new to this still.
Please let me know what you think of this short and as mentioned quite new to this still.
Comment:
Downtrend is moving however approaching daily level