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GBPJPY 4H SHORT TRADE

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Tradingstrategyguides  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators consolidation-breakout breakouttrading 800sma tradingstrategyguides GBPJPY 4h forextrading
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trendanalysis chartpattern indicator consolidation-breakout breakouttrading 800sma tradingstrategyguides gbpjpy 4h forextrading
Price is in a sideways consolidation
Macd is over-bought so I have a Bearish Trade Bias
Watch Macd for confirmation of Bearish direction
Watch for Bearish breakout of 800 sma

Short Trade
Sell Stop @ 143.95
Sell Take Profit @ 143.35
Find SL
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