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uurr273
Aug 7, 2021 1:40 PM

GBPJPY waiting for the Sell Short

British Pound/Japanese YenFXCM

Description

My idea on GJ

Seeing Bullish PA, 4H chart shows an inverse H+S being formed indicating bullish action

Anticipating price to enter the POI as identified by Fib levels before considering a Sell position.

I will be watching for Resistance to be broken and setting an alert towards 153.800 price level before dialling back into the charts to watch for possible sell positions.

Price action/ Wyckoff/ candle stick patterns will be assessed to identify sell entry
Comments
AlkalineFX
Keep Sharing!
uurr273
@AlkalineFX, thankyou =)
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