TradingView
TrueNorthTradingFX
Feb 2, 2021 7:37 PM

GBPJPY Short Potential  Long

British Pound/Japanese YenFXCM

Description

Yesterday we saw price reject 144.000 and push quite low, breaking the 1 HR TL you can see here. This set up is a short term sell really, the higher TF still looks bullish on GJ
Targets if the sell lines up are 142.250 - about 130 pips from entry
Comments
MrMayor360
Breakout re test not applicable?
TrueNorthTradingFX
@MrMayor360, yeah definitely, depends which way you look at it.The break and retest with a 3rd touch TL bounce AND fib level should see some sellers come in. Be interesting to see what happens. Are you monitoring this trade too?
More