PallasTitan

Short Idea - Need to WAIT for confirmation and probably US open

Short
FX:GBPJPY   British Pound / Japanese Yen
Looking for the sell positions.

Daily - approaching the high, 4H - approaching the high, 1H - approaching the high.

I am looking for a reversal from this position, bull's cant keep it going for ever. Will be watching 11am(gmt) candle for reversal starting, if so, once 11am(gmt) candle closes will look for sells from 145.520 down to 140.800. This might not play out today, will need to wait for US open to see what kind of momentum comes into the market.
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.