AlkalineFX

GBPJPY - Price Reject

Short
OANDA:GBPJPY   British Pound / Japanese Yen
After price swooped up and did a stop loss hunt above prior resistance, price flew back and down and is now attempting to re-test the structure. If we manage to see continuous rejections from here, this could open up the possibility of a sell position.

Sentiment - 53% buying

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.