yavuzkaaa

GBPJPY sell position.

Short
yavuzkaaa Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
I am expecting a bearish movement next week. Early next week price should go up and create a some kind of resistance above from the current price. It will probably be near the last 4h resistance. Entry will be between 0.5-0.618 fibonacci zone in lower timeframes. Stops above the 4h resistance depending on the candlestick formations. Stops will be breakeven when it reaches the first support. Target is these support/structure zones (yellow retriangles, -0.27 fibonacci level).
Comment:
nice, clean, juicy. Looking good so far. CAan open more shorts untill the target after every break and retest of a 1h structure.
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