GBPJPY: Short setup

FX:GBPJPY   British Pound / Japanese Yen
1036 6 30
Today we may get a break to the downside and if we do get one it'd a great opportunity to go short so keep a watchful eye! The structure that is developing strongly suggest a break.
Comment: it didn't break down as we thought earlier, instead bounced and now if it breaks up it will be one big ride up!
Comment: we looked to have topped yesterday and now expecting an impulse to the downside!
Better sell the top resistance as seems like it bounced before the break downside buddy. Will take an eye on this pair
I would be looking more for a break up to buy now, let's wait and see.
Rovart piphunters
Shorted, will close if breaks upwards.
good luck mate, we went long earlier.
+1 Reply
Rovart piphunters
Well Played buddy, got stopped after have tiny profits.
+1 Reply
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