pablo82
Short

STRUCTURE DEVELOPMENT / TRADING PLAN

FX:GBPJPY   British Pound / Japanese Yen
This is my updated medium / long term forecast for GBPJPY             .

TRADE1 : SELL 151.100 SL 153.050
TP1 146.500, IF BREAKS TRENDLINE TP2 136.300

TRADE2 : SELL 154.900 SL 157.700
TP1 136.300

if price will bounce back from lower trend line we should have also nice opportunity for buys and that woudl validate second sell trade. I will post update if buys setup develops on lower trend line .

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