SimpleMillennialAverage

GBPJPY Daily Resistance slowly getting heavier

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY looks like its consolidating for a breakdown but its holding up pretty well this year. No positions as of yet but if this pair is indeed going to breakdown in the near future then the best short entry points is right along the Daily 50MA/Triangle resistance if it reaches that level.

Any feedbacks are appreciated!
Comment:
No trades so far but my preferred short entry will be on the 141.60-142 range
Comment:
Don't breakdown on me yet GJ. I have yet to get my preferred entry level
Trade active:
Daily support broken, took short position on a pullback

Entry: 139.151
SL: 139.335
TP: (tp1)138 (tp2)137 (tp3)136

Comment:
Daily view of the breakdown

Trade closed: stop reached
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