SELL - GBPJPY POTENTIAL SHORT ( BREAKOUT AND RETEST OCCURED)

Evidently GBPJPY has broken the channel that formed. The channel was then subsequently retested and rejected from successfully; for this reason, I believe a short from the current price to the 4 hour support level would be highly probable. More importantly, confirmation of this bearish bias can be seen on the daily time frame, where a rejection from a key price resistance level has presented itself.

*NOT FINANCIAL ADVICE, MERELY AN OPINION.*

Trade chiuso: obiettivo raggiunto