Boshmelly
Short

Short Prediction

FX:GBPJPY   British Pound/Japanese Yen
14 0 0
GBPJPY            

The weekly TF there is a new pattern of HHs             & HLs             . The price action would conclude if we can go up to Monthly res of about 193.5.

On Daily there tends to be a monthly res/sup at 186 therefore trying to find equilibrium with confluence with fibs at 0.5 for the C leg with a rejection candle & bearish engulfing to follow,which for me is a more convincing sign that over all Target is a short.
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