TheTradersAvenue

GBPJPY > The Best Place for A Sell.

Short
OANDA:GBPJPY   Sterlina / Yen giapponese
Analysis of #GBPJPY


The GBPJPY here is near its structure resistance level looking left you can see the traffic area where the market surrendered at last and fell down sharply.

I am looking for sell entry if the market pushes further to my structure resistance sone near 164.00, in fact, the market is for sell right here right now but the issue is the stop loss level will be very big.

the best action is to wait for a further push to the upside to having a better reward to risk

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