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KWFX

Possible Short Analysis

Short
British Pound / Japanese Yen (FX:GBPJPY)  
KWFX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis priceactionanalysis dynamicresistance
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trendanalysis priceactionanalysis dynamicresistance
Waiting for clear breakout of H4 Trendline (Green diagonal line) and also clear breakout from weekly support (pink horizontal line) + Clear PA confirmation/reaction before entering this trade. If not, then I won't take this trade! .....So far we only have a small divergence but no clear reversal confirmation/pattern. BEWARE!... the beast might get out!
2 possible TP + 1 Possible re-entry, marked on chart
Good R&R.

All comments are welcome here!
Peace Out!
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