GBPJPY - Short

13 gen 2021

I am currently looking at a short term sell on GJ due to price pushing up through those equal highs grabbing them last few stop orders before making the move to the downside. Keeping in mind that price still has to fill in the imbalances marked in red and that the trend line has been broken and those traders buying the trend line will get stopped out as price looks to be drawn to their areas of stops.

Being patient with this set up and seeing how it plays.

Thanks, Trade safe.