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Dev5777
Apr 14, 2020 2:58 AM

GbpJpy bearish Scenario Short

British Pound/Japanese YenFXCM

Description

The bearish scenario for gbpjpy :

gbpjpy has been pushing up after a big fall....but I don't think it has the strength to continue its bullish movement.

There is bearish divergence since the start of this uptrend and the market is exhausted..it is also at a strong resistance level and from here a fall I very likely


If this zone is not broken then my previous bearish set ups are still valid.

Trade closed: target reached

tp HIT !!! + 480 pips
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