I am looking for re entry this week Still Short.
tp around 100-150 pips.
and with price open and closing below the support line now
Resistance we have a good chance again to making another 100-150 pips
GBPJPY Will look for Long Signal
We are on schedule for fib level 0.50 test and as you can see
complitation of this Flag pattern will get up to Fib 0.5
so I will look to go long as soon as I see opportunity
this is a bearish pair
right now the only set up will be break out of support line.
but i will be also ready if there is a pull back to last resistance which is
also MA 20
TP next support and possible break out