FX:GBPJPY   British Pound / Japanese Yen
A potential short opportunity is being presented, as price action here is clear,
we have broken and closed below my respected counter trend, now we looking to be retracing the CTL,
simply will be awaiting an sort of pullback/correction, up to the 61.8 fib, before looking to go short on this pair

instagram - @foreign_jugfx
Apr 09
Comment: update on this pair as we didn't touch the 61.8 retracement, but we did spike the fib retracement, before futher downside on this pair, I will await any retests before looking to get into this trade



Nice find. Price has fallen out of the broadening ascending wedge. Often times I do see a retest of near the lower edge of the wedge.
jordanmac Captain_Walker
@Captain_Walker, exactly, be sure to give me a follow to keep up with my analysis
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