DatTong
Short

GBPJPY, Downtrend forming on H4: Sell

FX:GBPJPY   British Pound / Japanese Yen
H4:
- Downtrend forming on H4
- Tendency: Downward
- Below resistance D1
=> Sell
Comment: Price is making correction back to the entry level, so just wait
Allow me to share my view On GBP/JPY (7 Feb 2019)

We are back on the risk on period ib overall and it can bring this pair up higher.
Do not get fooled the price action alone.
It is facing some resistant near 142.8 level but sooner or later it will break out UP.

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Our Analysis
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LONG (entry is valid as long as the price is above 141.1)
SL 139.1

TP1 143.6
TP2 144.2

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Great idea there! I have the same bearish call on GBPJPY, let me know how you think of it.
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My analysis says a pull back to 142.870 and then continuing downtrend. Cheers!
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Please share ideas on EUR/NZD 1hour
i need your ideas.
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THANKS TO HELPING US TIME TO TIME
+2 Reply
DatTong Almighty_Nova
@Almighty_Nurtaz, welcome bro
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+2 Reply
@TWHuy1, cheers!
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Thanks
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