GBP/JPY Short - Daily TF
Currency Strength: GBP -1, JPY +7
On the daily we have a bearish V-formation. We will wait for price to enter our zone (between the two dotted blue lines) to go short. Flip down to a 4 hr TF to read candle/price action to determine suitable area to enter. TP will be at the test of recent lows ( Green line).
On the daily we have a bearish V-formation. We will wait for price to enter our zone (between the two dotted blue lines) to go short. Flip down to a 4 hr TF to read candle/price action to determine suitable area to enter. TP will be at the test of recent lows ( Green line).
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