Mhangwane1

GJ Possible Sell

Short
FX:GBPJPY   Sterlina / Yen giapponese
The past week we have waited for GJ to go to the blue box for a touch to confirm the upside movement. The way it rejected just before, shows there's still momentum to the downside which is coming. This is a very short sell so it could be one candle. We'll just watch and wait on it and see how it proceeds. It can still move further up before falling, but a rising wedge is what we have and this is a reversal pattern.
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