thelivingelite

SUPPORT BECOMES RESISTANCE

Short
thelivingelite Updated   
FX:GBPJPY   British Pound / Japanese Yen
6
WE HAVE BEEN VERY BEARISH ON THIS PAIR BUT DO NOT FORGET THAT A CURRENCY CAN NEVER BE TO BEARISH OR TO BULLISH. WE ARE LOOKING TO TRADE WITH THE TREND AFTER WE GET THIS RETRACEMENT INTO PREVIOUS SUPPORT ZONE WHICH IS NOW A RESISTANCE ZONE WITH THE CONFLUENCE OF A 61.8%

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Comment:
TP hit, we gain massive pips on this one
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