TECH-TRADE

awaiting for price to reach 181.70 for possible short entry !!

Short
FX:GBPJPY   British Pound / Japanese Yen
1
PRICE HEADING TOWARDS THE TOP OF THE TREND LINE RESISTANCE, WHERE WE MAY SEE WEAKNESS OF THE BULLISH MOVE UP, WHICH WILL ALSO FORM ANOTHER CONSECUTIVE LOWER HIGH.

AS PRICE REACHES AROUND 181.70 I WILL ASSESS THE PRICE ACTION TO SEE IF ANY REVERSAL CANDLES OR PATTERNS OCCURE IN ORDER FOR ME TO EXECUTE A POSITION.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.