Drw1994

GBPJPY down continuation

Short
FX:GBPJPY   British Pound / Japanese Yen
On the chart above we see GBPJPY generally is on a downward trend, from my previous trading idea on this currency(which hit TP) we see currency pair has retraced and has shown a loss in buy momentum with a strong sell candle at the .382 fib retracement level, MA lines crossed over but look to come back on themselves, therefore continuing the general downward trend

RRR - 4.67:1

SL 133.898
TP 130.632

Anyone agree?

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