My idea is to short after looking the overall structure.
1. Sell momentum
2. Correction respect fibo at 50%
3. Descending triangle pattern just restest fourth times
I'm waiting price to break MA200, do pullback and respect the MA200.
#GBPJPY
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.