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Sailosi

GBPJPY Flag forming on the 4 Hr (Ready to Short)

British Pound / Japanese Yen (FX:GBPJPY)  
Sailosi Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis gbpjpyshort
4
0
trendanalysis gbpjpyshort
GJ has been respecting the trendline. Overall downward trend but in a current bullish pullback which has bee weakening. Once it hits the trendline I anticipate a return to trend and possible a drop to previous support line. If all goes well, a gain of a few hundred pips. Use normal protocols on entry ie observing shorter timeframes. Don't risk money you cant afford to lose.
Comment:
Bearish candle forming on the 30min and 15 min
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