rayzino
Short

GBPJPY DOWNTREND 1H TF

FX:GBPJPY   British Pound / Japanese Yen
Due to basic price action respecting the strong downtrend movement, i believe it will follow this set up.
confirmations/confluences:
1) trend touch
2) Fibonacci level 50-38.2%
3)previous respected zones
4) candlestick formation at trendline touch
TP - 144.800 region
Please leave a comment with what you think and if i have missed anything.
we are all students, Always.
Thanks
please provide some constructive feedback
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