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Men_of_The_Markets

GBPJPY FINALLY REJECTS RESISTANCE!!!

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Men_of_The_Markets  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis GBPJPY gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpyidea
5
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trendanalysis chartpattern beyondta gbpjpy gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpyidea
After the sweet profitable uptrend on this pair, we saw price get to a resistance level and stall.
This is a 4-hour and daily resistance. After the stall came consolidation for a while, but now we see price leaving the area with bearish pressure.
We're joining the start of a possible downtrend now and will be looking for trade opportunities as the current level has been violated.
We'll wait for a pullback into the level before taking sells.
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