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Tiestobob

GBPJPY - Bearish as PA nears Supply Zone

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Tiestobob  
OANDA:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis GBPJPY gbpjpyshort
0
2
chartpattern trendanalysis gbpjpy gbpjpyshort
Hello folks!

Price has reached one of the supply zones made on the 4hour timeframe. The PA on the hourly timeframe is showing us the upward channel has broken and price is now consolidating. I'll be looking to make my entry for a 2:1 risk:reward entry by entering at the supply zone area.

Good luck to all who will take this trade!
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